In yet another move to boost its Washington profile, Netflix has formed a political action committee (PAC), new federal records indicate.
Called FLIXPAC, the committee may now make contributions donations directly to federal candidates — up to $5,000 per election.
And 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.
via Politico
// Photo via Mr. Thomas