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Tags: netflix | kamala harris | endorsement | president | cancelations

Netflix Cancellations Tripled After CEO Backed Harris

By    |   Monday, 30 September 2024 05:07 PM EDT

Netflix cancellations in the U.S. almost tripled after the company's CEO and chairman, Reed Hastings, announced he was backing Kamala Harris' bid for president, though most axed their accounts because the streaming giant killed its basic plan, reports Bloomberg.

Customers canceled their subscription at a rate of 2.8% in July — higher than any other month since February.

Hastings endorsed Harris on July 22 after she officially became the Democrat nominee.

"Congrats to Kamala Harris — now it is time to win," Hastings wrote in a post on X.

A day later, he told The Information that he donated $7 million to a pro-Harris super PAC.

Trump supporters quickly urged people to drop the service alongside the hashtag #CancelNetflix. Three days after Hastings' donation was reported Netflix subscriptions dipped dramatically — it was the single worst day for terminations in 2024, per Bloomberg.

Netflix on July 19 said it was removing its cheapest ad-free plan for subscribers in the U.S. and France.

Solange Reyner

Solange Reyner is a writer and editor for Newsmax. She has more than 15 years in the journalism industry reporting and covering news, sports and politics.

© 2024 Newsmax. All rights reserved.


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Netflix cancellations in the U.S. almost tripled after the company's CEO and chairman, Reed Hastings, announced he was backing Kamala Harris' bid for president, though most axed their accounts because the streaming giant killed its basic plan, reports Bloomberg.
netflix, kamala harris, endorsement, president, cancelations
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2024-07-30
Monday, 30 September 2024 05:07 PM
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