Latest in Ted Sarandos

Netflix said Tuesday that the compensation committee of its board of directors has set the annual salaries and stock option allocations for 2022 for co-CEOs Reed Hastings and Ted Sarandos. They amount to, respectively, $34 million and $40 million. Netflix is one of the few companies that pre-announces anticipated…

The controversial The Closer is Dave Chappelle's last scheduled special on Netflix, but the Grammy nominee will be back in business with the streamer next year for a huge comedy festival with many of his top tier peers. Delayed from its 2020 debut because of the Covid-19 pandemic, the Netflix Is A Joke festival will…

UPDATE Music executive Clarence Avant is “grieving but resting” following this morning’s shooting death of his wife of 54 years, Jackie Avant. According to a statement released by Danny J. Bakewell, Sr., Chairman of Los Angeles Sentinel owner Bakewell Media and a longtime friend of the Avant family, Clarence Avant is…

Netflix co-CEO Ted Sarandos is still supportive of comedian Dave Chappelle, as he proved at last night’s Rock and Roll Hall of Fame induction ceremony in Cleveland. Sarandos, joined by his wife, Nicole Avant, was there to support his father-in-law, former Motown Chairman Clarence Avant, who was getting…

The blast radius from the controversy over Dave Chappelle's repeated remarks about the trans and LGBTQ+ communities in his Netflix special The Closer has now extended further as the National Labor Relations Board is reviewing bruising charges of "unfair labor practices" against the streamer. Naming co-CEO Ted Sarandos…

After nearly three weeks of controversy, Netflix’s firing and suspensions of trans staff, and protests on the streets of Hollywood over remarks centered on the trans and LGBTQ+ communities by Dave Chappelle in his special The Closer, the comedian is finally responding significantly — and it’s a mixed bag, to put it…

Corporate CEOs hate political noise. Comedians thrive on it. Did Netflix's co-CEOs sense that they would be stirring both noise and protest rallies when they signed onto Dave Chappelle? Or when they then defied CEO precedent by publicly defending him –then, in a blur of counter-transphobic rhetoric, suggested that…

Netflix on Wednesday strongly contested the insistence of a now-fired staffer that the staffer did not leak confidential financial information about Dave Chappelle and others to the press. “While we would never normally talk about an investigation like this, these claims are not supported by the facts,” a spokesperson…

The fallout from Dave Chappelle’s harsh words about trans and LGBTQ+ communities in his Netflix special The Closer crested Wednesday with a walkout and rally that saw more than 100 protesters and allies attend, and present their “list of asks” to the company in the wake of the controversy. B. Pagels-Minor, the Netflix…

Hours before the planned walkout today of Netflix’s trans employees and their allies, the streamer issued a statement in support of the protest action. “We value our trans colleagues and allies, and understand the deep hurt that's been caused,” a Netflix spokesperson said.  “We respect the decision of any employee who…

Today was a big day for Netflix, which reported strong quarterly earnings and “mind-boggling” 142 million households that have sampled runaway hit Squid Game. But the celebration was subdued in the streamer’s upper echelons as the company is still reeling from the internal — and external — backlash against transphobic…

Reed Hastings might not have wanted to talk Monday about Dave Chappelle and the controversy around remarks centered on the trans and LGBTQ+ communities in his Netflix special The Closer, but the Netflix staffer who called out the streamer on the "attacks" in the October 5-launched show certainly does – in-depth and at…