Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
Boston Common Asset Management, which handles mutual funds and other assets for institutions and individuals, argued to formalize an annual lobbying report via Proposal 8, which is to go before Netflix shareholders for a proxy vote.
Netflix has opposed Prop 8, saying an annual lobbying report would be duplicating current efforts.Boston Common disagrees. “The well-documented reputational risks of Netflix’s lobbying and its inadequate lobbying disclosure policies highlight the critical need for the Company to improve its lobbying disclosures and increase transparency around its lobbying policies, procedures and spending details,” reads the filing, signed by Lauren Compere, managing director/director of shareowner engagement at Boston Common.Among other things, Proposition 8 demands that Netflix codify its corporate lobbying policy and procedures; disclose payment amounts and recipients for both direct and indirect lobbying; disclose payments to tax-exempt organizations that stump for policy; and provide a “description of management’s and the Board’s decision-making process and oversight for making payments.”The annual report, as proposed, would live publicly on the company’s website.“Netflix’s failure to provide robust and complete disclosure of its lobbying activities and expenditures may expose it to potential reputational damage and therefore potential negative impacts on shareholder value,” the filing reads. “Heightened scrutiny of corporate spending on lobbying and other political expenditures potentially exposes companies to increased reputational risk.”The filing included a summary of objections from Netflix, which did not immediately return messages left Thursday for comment..
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