NewsNetflix co-founder donates $7 million to Harris campaign

Netflix co‑founder donates $7 million to Harris campaign

Co-founder of Netflix, Reed Hastings, donated $7 million to the Super PAC organization, which is collecting contributions for Vice President Kamala Harris's candidacy in the U.S. presidential election, a source close to Hastings reported, according to Reuters.

Vice President Kamala Harris wants to run in the presidential election. Joe Biden supported her.
Vice President Kamala Harris wants to run in the presidential election. Joe Biden supported her.
Images source: © East News | Hu Yousong

24 July 2024 09:06

This is the largest political donation Hastings has given to a single candidate.

Hastings congratulated Harris on Monday after she received the support of the majority of Democratic delegates to become the party's candidate against Republican Donald Trump in November.

"Congrats to Kamala Harris – now it is time to win," wrote Reed Hastings in a post on the social media platform X.

Hastings co-founded Netflix in 1997 and stepped down as CEO in 2023. He currently serves as the executive chairman of Netflix's board.

President Joe Biden stepped down as the Democratic candidate in the 2024 elections under pressure from Democrats in Congress and donors, including Hastings.

Another record broken

Kamala Harris raised $81 million in contributions in the last 24 hours for the Democratic campaign. "This is the largest 24-hour fundraiser in history," wrote people from her team on the platform X.

According to CBS News, "this staggering amount" highlights the vice president's enormous financial advantage over potential contenders for the Democratic nomination. Although Joe Biden, stepping down from the election, pointed to Kamala Harris as his successor in the race for the White House, officially, it is the delegates at the Democratic convention who nominate the candidate. This will take place in August.

© Daily Wrap
·

Downloading, reproduction, storage, or any other use of content available on this website—regardless of its nature and form of expression (in particular, but not limited to verbal, verbal-musical, musical, audiovisual, audio, textual, graphic, and the data and information contained therein, databases and the data contained therein) and its form (e.g., literary, journalistic, scientific, cartographic, computer programs, visual arts, photographic)—requires prior and explicit consent from Wirtualna Polska Media Spółka Akcyjna, headquartered in Warsaw, the owner of this website, regardless of the method of exploration and the technique used (manual or automated, including the use of machine learning or artificial intelligence programs). The above restriction does not apply solely to facilitate their search by internet search engines and uses within contractual relations or permitted use as specified by applicable law.Detailed information regarding this notice can be found  here.