Latest in Ted Sarandos

EXCLUSIVE: (UPDATED WITH HFPA RESPONSE) As the beleaguered Hollywood Foreign Press Association pledges to reform itself, Netflix has declared that it will not be working with the Golden Globes group until it gets its act together, to put it mildly. "Like many in our industry, we've been waiting for today's…

Netflix co-CEOs Reed Hastings and Ted Sarandos earned, respectively, $43.2 million and $39.3 million in 2020. The pay was up for both. Chairman and founder Hastings earned $38.6 million the year before, when Sarandos took home $34.7 million. Hastings base salary was only $650,000 with the bulk of his compensation from…

EXCLUSIVE: Netflix Chief Talent Officer Jessica Neal, who has headed HR for nearly four years, is exiting the company. Netflix just sent a memo to staff with the news. The company confirmed Neal’s departure to Deadline but declined to address questions about the reasons behind her leaving or whether a successor has…

Netflix co-CEO and chief content officer Ted Sarandos will give a keynote speech at the virtual Banff World Media Festival in June. Sarandos was set to appear at the Canadian event, held in Alberta, in 2020 before the physical event was canceled due to the pandemic. He will now speak on the festival's opening day…

USC Annenberg Inclusion Initiative released a study today examining the diversity of Netflix’s original content. If anything the study could be summarized by Dr. Stacy L. Smith who said in a video: “Inclusion happens when women are given the keys to the kingdom.” “I rarely have anything positive to say,” said Dr…

Netflix co-CEO Ted Sarandos has announced that the U.S. streaming giant will open a new office in Canada and hire a content chief dedicated to commissioning local originals. In a blog post, Sarandos said Netflix has spent $2.5 billion CAD ($2B) in Canada since 2017 and it’s time to double down on its presence in the…

It’s a streaming world, and we’re just living in it. With a majority of the globe’s movie theaters closed due to Covid, and Hollywood studios scrambling to figure out new distribution models, Netflix has already been experiencing the roaring ’20s with close to 204 million subscribers taking in the service worldwide…

Netflix continues to push the needle of inclusion, representation and diversity but this time, it’s not in front of the camera. The streaming giant has released its inaugural inclusion report that takes an in-depth look at its company diversity numbers and trends since 2017, its progress as well as its plan to…

When he took on the challenge of building a film program for Netflix three and one-half years ago, over other more traditional studio head jobs, Netflix Head of Original Films Scott Stuber was tasked with elevating the volume of releases, but also to use his relationships with talent to bring them aboard at a time…

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. Co-CEO and chief content officer Ted Sarandos, who takes less of his compensation in stock, will receive options worth $14 million and a $20 million annual…

The long awaited and oft delayed opening of the Academy Museum of Motion Pictures is on the move again, shuttling to early Fall of next year and all due to continuing uncertainties about the state of the coronavirus pandemic. The not-so-surprising move, due to the dire circumstances of living in a world wracked by…

UPDATE, 6:55 PM:  Netflix got swiped in court today for swiping one of Viacom's executives back in 2018, but not as much as expected. Just like in his tentative order of last week, though Judge Jon R. Takasugi gutted the streamer's argument that the Shari Redstone ruled company broke the famed seven-year rule with its…