Netflix Co-CEO Reed Hastings Earned $43 Million In 2020, Ted Sarandos’ Pay Was $39 Million; Both Up From Year Earlier

Amazon founder and one of the richest people in the world, Jeff Bezos recently splurged on a big purchase! According to resorts via Bloomberg, the Amazon CEO has purchased a new luxury yacht for a whopping 500 million USD.

Add Amazon Studios to the growing list of organizations that have stated they will not work with the Hollywood Foreign Press Association until it significantly revamps its diversity and inclusion initiatives.

Johansson’s statement continues the dam breaking against HFPA, a movement that began at mid-week when Netflix’s co-CEO Ted Sarandos spoke out and said the studio would not participate in HFPA events until it revamped its organizational goals.

Marc Malkin Senior Film Awards, Events & Lifestyle EditorThe president of the Hollywood Foreign Press Association wants to meet with Ted Sarandos after the Netflix co-CEO announced that the streamer will no longer work with the group behind the Golden Globes.Sarandos informed the HFPA that he wasn’t satisfied with its plans to overhaul the organization following weeks of criticism for its lack of diversity among members.“We have always valued our relationship with Netflix as we seek to bring

Netflix is taking a stand against the lack of diversity and inclusion in the Hollywood Foreign Press Association.

EXCLUSIVE: As the beleaguered Hollywood Foreign Press Association pledges to reform itself, Netflix has declared that its will not be working with the Golden Globes group until it gets its act together, to put it mildly.

Discovery CEO David Zaslav’s 2020 compensation totaled $37.7 million last year, down from $45.8 million in 2019, the company said Friday.

In-form Wigan Warriors star Jackson Hastings admits he would love to represent England at this year’s World Cup but stated that: “Obviously English-born players take priority.”

Jem Aswad Senior Music EditorWhile multiple outlets, including Variety, reported last April that Live Nation CEO Michael Rapino was foregoing his $3 million salary for all of 2020 due to the pandemic and its devastating effect on the live-entertainment industry and the company, according to SEC filings, he did so for less than two months. His salary was reinstated at 50% as of June 1, and boosted to 60% on Sept.

Netflix co-CEOs Reed Hastings and Ted Sarandos each saw their compensation rise in 2020, as the pandemic pushed Netflix to new subscriber heights. Hastings earned $43.2 million, compared tothe $38.6 million package that hemade in 2019.

Brent Lang Executive Editor of Film and MediaIt was a good year to run a streaming service.Netflix co-CEOs Reed Hastings and Ted Sarandos earned $43.2 million and $39.3 million, respectively, in 2020, representing sizable pay increases for the two men.Hastings, who also serves as the company’s chairman, earned $38.6 million in 2019 and $36 million in 2018.

NBCUniversal CEO Jeff Shell's 2020 compensation reached $16.5 million. NBCU owner and cable giant Comcast disclosed his and other top executives' pay for the most recent year in a regulatory filing with the Securities and Exchange Commission on Friday.

Brent Lang Executive Editor of Film and MediaNBCUniversal CEO Jeff Shell took in $16.5 million in total compensation, while his boss, Comcast Chairman and CEO Brian Roberts raked in a staggering $32.7 million.The generous pay packages come despite the fact that much of NBCUniversal’s business of making and distributing movies and turning those properties into theme park rides was disrupted by the COVID-19 pandemic. It also resulted in thousands of layoffs.

Comcast CEO Brian Roberts’ total pay package came in at $32.7 million last year, down from $36.4 in 2019.

Netflix knows you’re a thief. The streaming service knows you’ve been using the login information given to you from your friend, co-worker, parents, or ex-partner.

Netflix has been tightening its controls on password-sharing, a shift that could reap billions in previously lost revenue, but the company acknowledges it is a delicate process.

Netflix scored a big haul of Oscar nominations this year – 35 in total – putting the streamer in the top three for a studio in the history of the awards.

Is Netflix making an aggressive move into the video game business? There was definitely some talk on the company’s latest earnings call to back up all of the smoke that has been rising in Hollywood.

The Witcher and You – two of Netflix’s biggest dramas – have suffered from Covid-19 delays but there is light at the end of the tunnel for fans.