Former rival’s advice to Netflix: ‘Don’t let Icahn get to you’
John Antioco, former CEO of the Blockbuster video chain says Netflix’s Reed Hastings has to keep his wits and think strategically when dealing with Carl Icahn.
What should CEO Reed Hastings do if billionaire investor Carl Icahn wins some control of Netflix? Stay cool and don’t sweat it, says one of Hastings’ former rivals — John Antioco, former CEO of the former Blockbuster.
Icahn acquired nearly 10 percent of Netflix’s shares last week. His entry into any company typically means headaches for managers and directors. Antioco knows a thing or two about dealing with…