Netflix forms political action committee FLIXPAC

Netflix established a political action committee (PAC) named FLIXPAC to engage in political advocacy and influence policy decisions that affect its business operations. The formation of FLIXPAC was a strategic move to address critical issues such as net neutrality, bandwidth caps, usage-based billing (UBB), and the Video Privacy Protection Act (VPPA). By creating this PAC, Netflix aimed to mobilize resources and support for legislative initiatives that align with its interests and the interests of its subscribers. The decision to form FLIXPAC reflects the growing trend among corporations to participate actively in the political landscape, particularly in areas that directly impact their industry and consumer base. The PAC allows Netflix to contribute to political campaigns and support candidates who advocate for policies favorable to the streaming service and its users. This initiative underscores the importance of political engagement in the technology and entertainment sectors, where regulatory changes can