So you thought that $8 a month was a sweet deal? Well, guess what else comes with it. Stephen C. Webster reports on RAW Story:
Video streaming giant Netflix has recognized the compelling financial logic behind Washington’s anti-piracy efforts.
In a recent filing with the Federal Elections Commission (FEC), Netflix revealed that it has created its own political action committee called FLIXPAC, designed to support anti-piracy measures in Washington and the candidates that favor them.
The FEC filing, made April 5, was first spotted by Politico. The company has seen its spending on federal lobbying ramp up in recent years, going from approximately $20,000 in 2009 to half a million in 2011, amid heated debates in Washington over restrictions on Americans’ Internet use.
Those restrictions, represented most clearly in the Stop Online Piracy Act (SOPA), were initially supported by Netflix CEO Reed Hastings, who reportedly sent a letter to the Chamber of Commerce expressing solidarity with that bill’s ultimate goals. But as the Internet backlash began and a growing number of major websites joined a mass work stoppage protest earlier this year, the company insisted to reporters it had been “neutral” on the matter all along …
Read More: RAW Story