Netflix co-CEO Ted Sarandos saw a 2023 compensation package valued at $49.8 million, down a hair from the year before but with one big change — he took more in stock option awards than in cash as the streamer shifts its pay policies. Sarandos had a $3 million base salary for last year, up from … Read more
Netflix Co-CEO Greg Peters says internal viewership data from before and after the implementation of paid password sharing shows the new policy has not turned off viewers, as some had initially predicted it would. The company on Thursday reported a year-over-year jump of 9.3 million subscribers in the first quarter, in part due to the … Read more
Netflix Co-CEO Greg Peters says the company once contemplated an advertising strategy similar to the one used by Amazon, which starting this month is making subscribers pay extra in order to avoid ads. In the end, though, Peters said the executive team concluded that the approach would put an undue burden on subscribers. “We did … Read more
Netflix said today it plans to award its co-chief operating officers identical compensation packages for 2024 worth $40 million each. Ted Sarandos and Greg Peters will receive a $3 million base salary; a target bonus of $6 million; a RSU award with a total value of $15.5 million and a PSU award also valued at … Read more
