Forbes and other are now reporting that the story is not true. While Netflix has created a new PAC, it has nothing to do with supporting SOPA.
From the Forbes article:
Netflix has issued an official statement saying that neither SOPA nor PIPA is behind their formation of the PAC.
“PACs are commonplace for companies that lead a big, growing market and Netflix is no exception. Our PAC is a way for our employees to support candidates that understand our business and technology. It was not set up for the purpose of supporting SOPA or PIPA. Instead, Netflix has engaged on other issues including network neutrality, bandwidth caps, usage based billing and reforming the Video Privacy Protection Act.”
This is good news. I love me some Netflix. I hate me some SOPA. If a service that I loved as much as Netflix was going to support something I find as evil as SOPA then I was going to seriously have to consider dropping them. For now, it looks like that's not going to be something I have to consider.