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Netflix Cancellations Soar After Reed Hastings Endorsed Kamala Harris
IndieWireStory by Tony Maglio
scrn logline
Netflix experiences a temporary spike in cancelations following co-founder Reed Hastings' endorsement of Kamala Harris for president, but the streaming giant remains in a strong position financially.
beat sheet
- Netflix saw a 2.7x increase in average daily cancellations from July 25-29 after Hastings endorsed Harris, but churn levels returned to normal shortly after.
- Despite the temporary cancelation spike, Netflix remains a dominant force in the streaming landscape with over 277 million global paid subscribers and strong financial performance.
call sheet
Reed Hastings, Kamala Harris, Netflix, Republican Accountability PAC, Netflix