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Netflix CEO Reed Hastings, Content Chief Ted Sarandos' Pay Rises in 2019

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Netflix CEO Reed Hastings' compensation reached $38.6 million, up about 7 percent compared with $36.1 million in 2018, the streaming video giant disclosed in a regulatory filing Wednesday.

He had made $24.4 million in 2017 and $23.2 million in 2016. Chief content officer Ted Sarandos, meanwhile, got a compensation package worth $34.7 million, up 17 percent.

That compared with $29.6 million in 2018, his 2017 pay of $22.4 million and his $18.9 million pay in 2016. Hastings' salary remained unchanged at $700 million, but he got $37.4 million in stock options awards, up from $35.4 million in 2018.

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