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Netflix Sees Cancellation Rate Triple After Reed Hastings Endorses Kamala Harris, Donates Millions
Sep 29, 2024, 10:53 PM
Netflix experienced a surge in cancellations in the days following co-founder and chairman Reed Hastings' endorsement of Kamala Harris for president, according to Bloomberg reports. The rate of cancellations tripled after Hastings publicly endorsed Harris and donated millions to her campaign.
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Markets
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Closing stock price on major financial news websites like Bloomberg or Yahoo Finance
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Netflix's official quarterly earnings report for Q4 2024
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Official Netflix press releases or Reed Hastings' verified social media accounts
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Official Netflix announcements or major advertising campaigns visible in media
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Content quality • 25%
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Political stance • 25%
Surveys and reports from market research firms like Nielsen or Statista
Decrease • 33%
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Increase • 33%
Netflix's official quarterly earnings report for Q4 2024