Printed from http://www.electronista.com

Netflix forms PAC to gain political foothold

updated 08:10 am EDT, Mon April 9, 2012

Netflix continues its political agenda

Netflix has formed a new political action group in an effort to gain more influence in Washington. Newly filed federal records show that the new group, called FLIXPAC, can officially make political donations directly to federal candidates of up to $5,000 for each election cycle. Politico argues that it gives Netflix a way in which it can push its pro IP, anti-piracy agenda.

In recent times, Netflix has been pumping greater amounts of money into political campaigns, which have aligned with the recent escalation in campaigns to introduce legislation to increase the rights of IP owners, while also cracking down on Internet piracy. In particular, Netflix has had a vested interest in the Stop Online Privacy Act, the Protect IP Act and the Video Privacy Protection Act.

In 2009, Netflix contributed as little as $20,000 on political donations, though this saw a marked increase in the past two years. In 2010 Netflix donated $120,000 and last year handed out $500,000. Records also show that it has also been hiring a number lobbyists and in-house advocates to further its influence.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Life n Soul BM211 Bluetooth speaker

Bluetooth speakers aren't only for listening to some music at the park or on a long bus ride, but can also be built with tablets in mi ...

Epson PowerLite Home Cinema 2030 projector

With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Sponsor

toggle

Most Commented

 
toggle

Popular News