Ted Sarandos To Speak AT RTS London Convention
18.04.2024 - 23:09 / deadline.com
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 $20 million the year before. Option awards worth $28.3 million compared with $28.5 million for 2022. Also in 2023, he was awarded a non-equity incentive plan compensation — like a cash bonus — for $16.5 million, according to the company’s latest proxy report.
Co-CEO Greg Peters had a package worth $40 million, up from $28 million in 2022. He was named co-CEO in Jan. of 2023.
Proxies list the salaries of a company’s five highest paid executives. Netflix’ hit in the middle of a webcast with execs discussing first quarter earnings.
Netflix has frequently tangled with shareholders over executive pay, particularly how it allowed executives to choose how they want to be paid, in cash or stock options. Sarandos has tended to take mostly cash. Nudged by shareholders, the streamer reexamined its compensation policies to cap CEO base salary at $3 million and require that 50% of allocatable pay be in stock options.
Stockholders can oppose executive compensation at a “say-on-pay” vote at the annual shareholder meeting. It’s non-binding but lack of support is not a good look and companies try to adjust. Netflix set its 2024 meeting for June 6.
“At our 2023 annual meeting, 28.7% of voted shares approved the compensation of our Named Executive Officers. The Compensation Committee reviewed these voting results, recognizing the importance of continuing to engage with shareholders to solicit feedback and better understand their concerns
Ted Sarandos To Speak AT RTS London Convention
Ellise Shafer The Royal Television Society has revealed the dates and initial speakers for its annual RTS London Convention. This year’s event will take place on Sept. 17 at Kings Place in London and is chaired by Anna Mallett, Netflix‘s vice president of production for EMEA and the U.K.
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Comcast said chairman and chief executive Brian Roberts‘ pay package for 2023 totaled $35.47 million, up from $32 million the year before. It included a $2.5 million base salary, stock awards valued at about $15 million, $9.2 million in option awards and $8.55 million in what’s called non-equity incentive plan compensation – like a cash bonus.
Netflix‘s Baby Reindeer claims she has received death threats as a result of the hit drama.Created and starring Richard Gadd, the series brings his real-life experience of being stalked and sexually abused to screens, having previously told the story on stage in his acclaimed one-man show.Gadd plays a fictionalised version of himself named Donny who is obsessively stalked by a woman named Martha after he befriends her in a pub. The show also sees Donny confront the trauma of being sexually assaulted by a TV executive named Darrien (played by Tom Goodman-Hill).Since the show’s release and despite the pleas from Gadd and Gunning, fans have attempted to unearth the identity of the real people who inspired Baby Reindeer‘s characters.Now, the woman who fans claim to have inspired Martha, has spoken out against the show and its portrayal of her, claiming she has been the subject of death threats as a result.“I’m the victim here, not Richard Gadd,” the unnamed Scottish woman told the Daily Record.
Endeavor CEO Ari Emanuel’s 2023 pay package totaled $83.9 million, according to the company’s proxy statement today. That comes on top of the $65 million in compensation last year as chief executive of TKO Group, the new public company that’s controlled by Endeavor.
Todd Spangler NY Digital Editor Endeavor CEO Ari Emanuel received a compensation package worth $83.9 million last year — more than four times his compensation in 2022. Emanuel’s 2023 pay at Endeavor included $4.9 million in salary, a $34.65 million bonus and $43.47 million in stock awards, the company disclosed in a regulatory filing Thursday.
Todd Spangler NY Digital Editor Ari Emanuel, in his capacity as CEO of TKO Group Holdings — the parent company of UFC and WWE — had a compensation package last year that hit nearly $65 million. TKO granted Emanuel, who also is CEO of Endeavor, a base salary of $911,538, plus a $24 million cash bonus and stock awards worth $40 million in 2023, per a regulatory filing by TKO. All told, the exec’s pay package totaled $64.91 million.
Ari Emanuel, CEO of TKO Group as well as the soon-to-be-private Endeavor, saw a pay package valued at $64.9 million in 2023 as CE0 of TKO Group, the home of WWE and UFC. TKO is a relatively new company that started trading on the New York Stock Exchange last September.
Paramount Global CEO Bob Bakish saw his total compensation dip slightly in 2023, to $31.3 million from $32 million in the prior year.
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Todd Spangler NY Digital Editor Netflix co-CEO Ted Sarandos earned a bit less in 2023 than the year before — but he still had pay package worth $49.8 million. That was down from $50.3 million for Sarandos in 2022, according to Netflix’s proxy statement filed Thursday.