Entertainment Company CEOs Saw Raises Almost Twice As Large As The Average Executive, New Data Shows [Forbes]
Netflix, Inc. (NFLX)
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Source: Forbes
executive at the country's largest companies, new data shows, with the top executives of Disney, Warner Bros., Netflix and five other companies earning an average of $34.8 million in 2023. David Zaslav, CEO of Warner Bros. Discovery, was paid $49.7 million in 2023. At five of the country's largest public entertainment companies—Warner Bros., Liberty Media, Disney, Lionsgate and Netflix—the compensation of their CEOs rose more than 20% from 2022 to 2023. Lionsgate CEO Jon Feltheimer saw the largest jump (284%) from fiscal 2022 to 2023 when his went from $5.6 million to $21.5 million, thanks in part to a $10 million cash bonus that was $7.2 million more than the year before. Bob Iger was paid by Disney in 2022 after he returned as the company's CEO late in the year, earnings that 110% to $36.1 million when he went full time in 2023 (still less than the $45.9 million he was paid in 2021 before retiring from the company for the first time, largely due to a drop in Disney's share p
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