Netflix has formed a political action committee called Flixpac, records show.
Under federal election rules, PACs are allowed to make donations directly to federal candidates of up to $5,000 per election.
The formation of Flixpac is just the latest sign that the technology sector is raising its profile on Capitol Hill. The news about Flixpac was first reported by Politico.
Politico wrote that Netflix's lobbying costs have gone from $20,000 in 2009 to $500,000 last year. The documents that Netflix filed with the government for its PAC were signed by Christopher Libertelli, hired in December as … Read more