Netflix saw highest day of cancellations this year after co-founder's $7M donation to Harris campaign

SummaryA recent report suggests that Netflix experienced a surge in cancellations following co-founder Reed Hastings' $7 million donation to Vice President Kamala Harris' presidential campaign. This spike, which was particularly pronounced in the five days after Hastings' endorsement, coincided with calls from Trump supporters urging conservatives to cancel their subscriptions. However, it remains uncertain if this political donation significantly impacted Netflix's overall performance, with their next financial report scheduled for October.The Earl Angle is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit earlcotten.substack.com/subscribe