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Netflix Loses Millions of Subscribers After Chairman Reed Hastings Donated to Kamala Harris

Netflix saw cancellations spike after co-founder Reed Hastings said he was backing Kamala Harris.

Hastings, still serving as the streaming giant’s chairman and the face of the company, said he had donated $7 million to the Democratic candidate’s campaign as well.

The rate of cancellations – known as churn – nearly tripled in the US after Hastings’ endorsement on July 22, according to research firm Antenna.

h/t DS

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