Netflix Suffers Record Cancellations After Co-Founder Donates $7 Million to Kamala Harris
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Video streaming site Netflix has suffered a wave of cancellations following its co-founder Reed Hastings’ seven million dollar donation to Kamala Harris.
Hastings publicly endorsed Harris earlier this year and revealed a whopping $7 million donation to her campaign. Reed’s donations caused his company’s cancellation rate to skyrocket, reaching its highest monthly figure since February. Over 2 million subscribers have since ditched Netflix.
On July 26, Bloomberg reported the worst single day for Netflix cancellations this year.
Hastings also previously donated $3 million to a committee created to stop a recall effort against Gov. Gavin Newsom, and donated to his campaign. He also donated to a left-wing group trying to prevent liberal San Francisco District Attorney Chesa Boudin from being recalled.
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This guy needs to be canceled.
I dropped NetFlix last month when I saw how political they were. I hope the investors are watching.