The massive chaos over the “Did Netflix Donate To Kamala Harris” situation has taken the internet by storm. This incident has further made the stock of the most prestigious streaming platform, Netflix, drop to the ground.
The controversy started with Facebook and Instagram posts of Netflix’s subscribers going about the whole false narrative of how Netflix Donates To Kamala.
Contrary to most, if you are someone who isn’t aware of the entire thing, you are in luck! Read till the end, as we have explained the fiasco behind the “Did Netflix Donate To Kamala” situation. Also, learn about How to Sign Out of Netflix by reading this article.
If you are active on any of the social media platforms, you might be already aware of the entire “Did Netflix Donate To Kamala Harris” issue. However, in case you are just coming across this situation and want to know all about it, then we have got you covered. You should know that Netflix did not donate to Kamala Harris, and the rumors are fake.
On July 23, 2024, an article from “The Information” disclosed a statement from the Co-founder of Netflix, Reed Hastings. The statement went how in support of Kamala Harris, he has donated $7 Million dollars to Super PAC, known as the Republican Accountability PAC.
Things started accelerating as from July 24, 2024, people started posting various posts on different social media claiming how “Netflix just donated 7 Million to Kamala 😡 Bye Bye Netflix! Cancel your subscription today!”
These post accelerated the entire drama on the false claims of how Netflix Donates To Kamala Harris. It further took the internet in a whirlwind, as people from all across the world started canceling their Netflix subscriptions.
Since the launch of her campaign, Kamala Harris has been the single target of all the disinformation. According to the US Federal Election Commission (FED) data, Harris has received more than $284 Million in donations, as of June 30, 2024.
The report further states that none of the funds came directly from Netflix or its Political Action Committee (PAC). On the website of the US Federal Election Commission (FED), it is clearly stated that “Campaigns are prohibited from accepting contributions from corporations”.
Netflix’s co-founder Reed Hastings made a statement with tech outlet The Information that was released on July 23, 2024. In the statement, he mentioned how he has donated 7 Million dollars to SuperPAC, known as the Republican Accountability PAC, in support of Kamala Harris.
On July 22, 2024, the day before the donation news came out, the stock price of Netflix closed at $647.50. However, on July 25, 2024, two days after the article came out, a post on social media claimed that there was a 40% drop in the stock price, and it closed at $634.09, and how the streaming platform’s subscriber count has gone down.
Connected to this, the Netflix spokesperson commented, “This claim is false, we only disclose the subscriber number during our quarterly earnings.” The last Netflix earnings call was on July 18, which is way before the donation’s news came out, so its impact wasn’t visible there.
Masses from all across the globe have been active participants in the whole “Did Netflix Donate To Kamala Harris” fiasco. They have taken on famous social media platforms, such as Instagram, Facebook, and X (formerly known as Twitter).
All the posts move around how people should cancel their subscriptions and switch to better streaming platforms that don’t contribute to political parties. Users were already angry at Netflix for discontinuing its cheapest ad-free plan and ended up further boycotting the streaming giant.
On the other side, there are also people who are skeptical of the entire “Did Netflix Donate To Kamala Harris Campaign,” claiming that it can be a personal donation.
Seeing how things are going, Facebook will probably solve the fake news issue on its site, as Meta recently came up with a solution to combat sextortion scammers, and fake news spreaders may be the next in line.
No, Netflix as a streaming site did not contribute to the Kamala Harris Campaign. However, the co-founder, Reed Hasting, made a personal donation to Netflix.
Upon the discovery of the news, people from all around the globe began criticizing Netflix and encouraging others to disable their membership as well.
On July 23, 2025, a statement from The Information’s article of Netflix’s co-founder Reed Hasting started the entire fiasco of “did Netflix Donate to Kamala Harris”.
Thanks for choosing to leave a comment. Please keep in mind that all comments are moderated according to our comment Policy.