In the summer, it was revealed that the Netflix co-founder not only supported Vice President Kamala Harris' campaign, but also had millions of dollars in the 2024 Democratic presidential candidate's coffers. The heavy-handed defense of Harris appears to have backfired, as cancellations from the streaming giant soared in the aftermath of the political endorsement.
As Blaze News reported in early July, several prominent Democratic donors are withdrawing from President Joe Biden's 2024 presidential race following his disastrous debate loss to former President Donald Trump. he demanded. Among the Democratic donors who asked Biden to leave was Netflix co-founder Reed Hastings.
Netflix is the latest major company to fall victim to a boycott at the hands of conservative consumers.
“Biden must step aside so that energetic Democratic leaders can defeat Trump and protect our security and prosperity,” Hastings said in July.
After Harris was nominated as the Democratic presidential candidate, Hastings donated a whopping $7 million to Kamala's campaign. Hastings said. information It was the largest political donation he had ever made.
Mr. Hastings, a longtime Democratic donor, has a net worth of $4.3 billion, according to . forbes.
“After a depressing debate, we are back in the game,” Hastings said of Kamala's campaign.
hastings I wrote On July 23, he posted on the X social media platform: “Congratulations Kamala Harris. It's time to win.”
As soon as the extremely generous donations and public support were revealed, a backlash against Hastings and the streaming giant erupted. Many conservatives have called for a boycott of Netflix in response to Hastings' support for Harris.
Hashtag “CancelNetflix” has started trend on social media. Many users have shared screenshots of their canceled Netflix subscriptions online.
A new report reveals that Netflix has seen a huge spike in cancellations after the streaming service's chairman endorsed Harris.
Antenna — Research Website The company, whose mission is to “expand our knowledge of subscriber behavior,” reported that Netflix's cancellation rate in the U.S. nearly tripled immediately after Hastings endorsed Harris. The wave of cancellations reportedly continued for several days.
Some subscribers were also upset because of Netflix Production discontinued Basic plan for new users in the same month.
but, bloomberg reported that “The five-day period following Hastings' endorsement was unusual even in July.'' July 26, three days after Hastings endorsed Harris, became the day with the most cancellations for Netflix this year.
The media outlet noted that the surge in cancellations was not as severe as the 2020 boycott of Netflix over the film “Cuties,” which many conservatives believed depicted child sexual exploitation.
Netflix did not respond to requests for comment from Bloomberg.
Netflix has become the latest major company to fall victim to a boycott by conservative consumers. Companies like Bud Light, Target, Disney, Ford, Harley-Davidson, Tractor Supply, Jack Daniels, and John Deere have seen conservatives boycott or threaten to boycott liberal policies. It's here.
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