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Netflix's 'House Of Cards' Could Be Coming To An End; Kevin Spacey 'Upset' With Company?

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Netflix's 'House Of Cards' Could Be Coming To An End; Kevin Spacey 'Upset' With Company?

Shares of Netflix, Inc. (NASDAQ: NFLX) were trading lower by more than 4 percent early Monday morning as part of a general market selloff among technology stocks and a concerning report that the widely popular "House of Cards" series could be coming to an end.

Kevin Spacey recently agreed to head Relativity Media's movie decision, which naturally implies he would be unavailable to continue his role as Frank Underwood in Netflix's "House of Cards" series.

Related Link: Netflix Worth $85, MoffettNathanson Analyst Says

However, the New York Post, citing Albert Fried's analyst Rich Tullo, reported that Spacey may be "upset" with Netflix's management.

Tullo noted that Spacey may be disappointed with his compensation as he made $15 million per season of 'House of Cards.' The actor likely believes his value to the company is larger. Second (spoiler alert), Spacey could be "riled" because Netflix may have plans to kill his character in the upcoming fourth season.

The New York Post did, however, add that its sources close to the actor said that Tullo's theory is ridiculous and hurtful.

Shares of Netflix last closed at $82.79.

 

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Posted-In: House of Cards Kevin Spacey Netflix Originals New York PostAnalyst Color News Rumors Tech Best of Benzinga

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