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Ted Sarandos Reed Hastings Cynthia Littleton Netflix reports awards 2020 Ted Sarandos Reed Hastings Cynthia Littleton Netflix

Netflix’s Ted Sarandos Got a $6 Million Raise in 2019

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By Cynthia Littleton Business Editor Netflix chief content officer Ted Sarandos got a $6 million raise in 2019, according to the annual proxy statement Netflix released on Wednesday.

Sarandos’ total compensation for 2019 was $34.7 million, including $18 million in salary and $16.6 million in stock option awards, according to Netflix’s filing with the U.S.

Securities and Exchange Commission. Netflix CEO Reed Hastings received $37.4 million in stock option awards, bringing his total compensation to $38.6 million.

The compensation disclosures for Netflix’s top corporate staffers came on the heels of Tuesday’s stellar Q1 2020 earnings report, in which Netflix reported worldwide subscriber growth of 15.7 million, driven no doubt in part by

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