Why would the Netflix App want to "read sensitive log data" on my device? I just noticed that that Netflix App wants the "Read Sensitive Log Data" permission to run.


What exactly does this permission allow? (besides the fairly generic/scary sounding description in the market)
Why do you think the Netflix app might need it?
Some apps use this to retrieve debug information and send it to the company to help improve the app (eg. Evernote [source]). Couldn't find any information on how Netflix uses the data and can't test but maybe there's a "Send debug information" button or something similar. This, of course, is pure speculation, so you'll have to think "Do I trust this company with my data?"

As to what information is made available by this, you can check this by using aLogcat or the Android SDK and logcat. There's a public Google+ post which describes an example of logcat information.