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Netflix co-founder Hastings gives $7 mln to pro-Harris PAC, source says
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Netflix co-founder Hastings gives $7 mln to pro-Harris PAC, source says
Jul 23, 2024 5:30 PM

LOS ANGELES, July 23 (Reuters) - Netflix ( NFLX )

co-founder Reed Hastings has donated $7 million to a super PAC

that supports Vice President Kamala Harris' run for U.S.

president, a source close to Hastings said on Tuesday.

The source was confirming a report published by The

Information earlier in the day.

It is the largest political donation by Hastings to a single

candidate, the publication said.

Hastings congratulated Harris on Monday after she received

the support of a majority of Democratic delegates to become the

party nominee against Republican Donald Trump in November.

"Congrats to Kamala Harris -- now it is time to win," he

wrote in a post on social media platform X.

President Joe Biden stepped aside as the Democratic

candidate for the 2024 election and endorsed Harris on Sunday

following pressure from Democrats in Congress and donors

including Hastings.

Harris' campaign raised $81 million in the 24 hours

following Biden's exit, the most for a single day in the 2024

campaign for either party.

Hastings co-founded Netflix ( NFLX ) in 1997 and stepped down as CEO

in 2023. He now serves as executive chairman of the Netflix ( NFLX )

board.

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