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Netflix forms PAC
In yet another move to boost its Washington profile, Netflix has formed a political action committee, new federal records indicate.
Called FLIXPAC, the committee may now make contributions donations directly to federal candidates — up to $5,000 per election.
Continue ReadingAnd it provides Netflix with another political tool with which to aggressively press a pro-intellectual property, anti-video piracy agenda — an effort it began in earnest in 2010, when the company began heavily investing in federal lobbying efforts.
In 2009, for example, Netflix spent just $20,000 on federal lobbying, congressional records show.
But that figure grew to $130,000 in 2010 and $500,000 in 2011, as legislative debates over the Stop Online Piracy Act, Protect IP Act and Video Privacy Protection Act raged.
Last year, the company reported using the services of nearly two-dozen registered lobbyists, including in-house advocates and those from three lobbying firms — Franklin Square Group, Monument Policy Group and Kountoupes Consulting.
A company representative could not immediately be reached for comment.
New federal filings show FLIXPAC will be based in Los Gatos, Calif. Its treasurer is Christopher Libertelli.
Readers' Comments (6)
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CAROLINAUNC
Party: Independent
Reply #1
Apr. 7, 2012 - 5:21 PM EST
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Azrael11
Party: Libertarian
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Apr. 7, 2012 - 7:02 PM EST
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Vhale
Party: Independent
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Apr. 8, 2012 - 12:39 AM EST
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DumpDems
Party: N/A
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Apr. 9, 2012 - 1:15 PM EST
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YoungRightWinger
Party: Libertarian
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Apr. 9, 2012 - 1:38 PM EST
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AARONK415
Party: Democrat
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Apr. 9, 2012 - 7:55 PM EST
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Read all 6 comments in our forumObama, Pelosi, Reid, Boxer, Kerry and the rest of the liberals, along with the biased media, Soros, Acorn, Unions, lobbyists, etc., based the entire 2008 campaign on lies. They simply cannot be trusted. What happened to transparency? Obamacare was pushed down our throats with backroom deals.
Following the Constitution as written is not activism. Using foreign law or inventing "interpretations" is activism. If you don't like the Constitution, you can always try to amend it as provided for in the Constitution.
God help us all if the democrats continue to control our country.
I agree with you about the Constitution, but what the hell does that have to do with this article?
Personally, I find it hard to believe companies can't afford taxes when they're donating that much to campaigns and let's face it, bribes. At least taxes are neutral rather than political.
If you haven't already dropped Netflix it's time to sever that relationship now.
Dump your Netflix stock... if you haven't already since the stock has dropped through the floor due to their terrible management.
Whenever companies get involved in trying to sway public policy rather than innovate and respond to consumer demand, their products turn to crap and their share price falls.
I guess it's cheaper to buy influence in Washington than to improve your service.
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