CHICAGO (Standard&Poor's) Nov. 16, 2012--Standard&Poor's Ratings Services said today that its ratings on Netflix Inc. (BB-/Stable/--) are currently not affected by Carl Icahn's recently announced minority stake in Netflix. In early November 2012, activist investor Carl Icahn disclosed through a regulatory filing that he had acquired close to a 10% stake in Netflix. Based on his public comments, Mr. Icahn may want to push Netflix to sell itself to a strategic buyer (such as Verizon Communications Inc. or others). In response to the disclosure, Netflix quickly adopted a stockholder rights plan (i.e., a poison pill), to prevent activist shareholders from launching a hostile takeover. We believe that Netflix will continue with its current plan of making
