Daily Report

August 1, 2024

Netflix Chairman, Not the Company, Reportedly Donated to Super PAC Supporting Harris

Why Troubling News:

Reports circulated online that made it out to seem as though Netflix, holistically speaking as a company, donated $7 million to a super PAC supporting Kamala Harris. However, this donation was made by Netflix's chairman and co-founder, Reed Hastings. The false reports and dissemination of exaggerated information has serious potential to harm Netflix's stock and overall popularity among users, which is why it is always crucial to distinguish between a sole proprietor and a corporation.

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