Netflix CEO Ted Sarandos’ pay package dipped in 2023, but still it was $49.8 mn
Netflix co-CEO Ted Sarandos earned a bit less in 2023 than the year before -- but his pay package was still worth $49.8 million, reports 'Variety'.
Academy Award winning actor Helen Mirren censured streaming giant Netflix at CinemaCon, the annual convention of movie exhibitors in Los Angeles, on Tuesday.
“I love Netflix, but f*** Netflix! Mirren cheered onstage when she was presenting her upcoming film, The Good Liar. Giving an outspoken tribute to movie theaters she continued, “There is nothing like sitting in the cinema.” She was met with applause while talking about her film.
Her comments come at a time when the debate around theatrical release institutions and streaming companies is gathering much heat. Earlier in the day at CinemaCon, held at Las Vegas’ Caesars Palace Hotel and Casino, leadership from the National Association of Theatre Owners and the Motion Picture Association of America (MPAA) addressed questions about the streamer, and talked about trimming the amount of all films run in theatres before heading to other platforms.
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This is not the first time Netflix has been slammed.
In 2017, Sony Pictures Motion Picture Group Chairman, Tom Rothman, joked, “Netflix my a**!” after a stunning presentation of footage from Denis Villeneuve’s Blade Runner 2049, implying the film could only be appreciated on a screen in theatres.
Earlier Steven Spielberg had signaled that he would lobby the film academy of America to change its policies around the eligibility of movies from streaming companies to win Oscars, following Alfonso Cuaron’s 3 Oscar wins for Netflix produced Roma.
The theatre vs streaming service debate is similar to when digital slowly began to replace film, in the cinematic medium.
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