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29.12.2020 - 08:17 / justjared.com
Netflix currently has two CEOs and the company just disclosed the salaries that the two men will be getting for 2021.
Reed Hastings has been the CEO of the company ever since he co-founded it in 1997 and Ted Sarandos became a co-CEO in 2020 after serving as the chief content officer for years.
Both of the execs’ paydays will be comprised of lots of stock options, though their amounts are much different.
Click inside to find out how much they will make in 2021…
THR reports that both Hastings an
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Ellise Shafer administratorSad news for fans of Netflix’s “The Kissing Booth” and “To All the Boys” franchises – both will be coming to a close this year.Along with Netflix’s announcement of its 2021 movie slate, the streaming platform confirmed that each franchise’s third film — “The Kissing Booth 3” and “To All the Boys: Always and Forever, Lara Jean” — will be the last.Both of the rom-com trilogies have performed extremely well on the platform.
Kevin Hart has landed a major new four-film deal with Netflix.The Ride Along star and his HartBeat Productions partners will develop four projects for the streaming service in a deal similar to the one Netflix bosses struck with Adam Sandler several years ago.“Partnering with Netflix is an amazing opportunity for HartBeat and myself,” Hart said in a statement.“I am excited to act in and produce cutting edge films with Netflix.“I am extremely grateful to (Netflix bosses) Ted Sarandos and Scott
Deadline placed the value at eight figures.“Partnering with Netflix is an amazing opportunity for HartBeat and myself,” Hart said in a statement. “I am excited to act in and produce cutting edge films with Netflix. I am extremely grateful to Ted Sarandos and Scott Stuber, we share the same creative vision and always put the audience first. This business is about growth and my HartBeat team continues to exceed my expectations with their ability to develop stories and relationships.
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After price increases in Canada and the U.S., Netflix is also rolling out price hikes for existing subscribers in the U.K. from this week.
Naman Ramachandran Netflix’s increased rates for existing U.K. subscribers that were announced last year come into effect this week.The streamer’s standard plan increases from £8.99 ($12.22) to £9.99 ($13.58) and the premium tier from £11.99 ($16.30) to £13.99 ($19.02) monthly.
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Netflix co-CEOs Reed Hastings and Ted Sarandos will see their 2021 compensation unchanged from 2020. The executives are expected to earn $34,650,000 each next year, according to a regulatory filing that was published Dec.
Chairman and co-CEO Reed Hastings is set to receive $34 million worth of stock options and a salary of $650,000 for 2021, Netflix said in a SEC filing Monday.
the Securities and Excahange Commission on Monday. Don’t worry, though, they’re still doing pretty well.Between their salaries and stock options, Hastings and Sarandos will both earn $34.65 million in 2021 — putting them on par with their 2020 pay, which was a 10% boost from the year prior.
Cynthia Littleton Business EditorNetflix’s Ted Sarandos, Reed Hastings and other top Netflix corporate executives will not receive salary increases in 2021.Netflix disclosed Monday in a Securities and Exchange Commission filing that Sarandos, Netflix’s co-CEO and chief content officer, will see his 2021 salary stay the same as 2020 at $20 million.