Hollywood's Top Exec Earned $69 Million in Severance
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Former Paramount CEO Bob Bakish topped Hollywood's executive compensation list in 2024 with a $69.3 million severance package. Netflix co-CEOs Ted Sarandos and Greg Peters led among active executives. Many Hollywood executives' pay surpassed the Equilar 100 median of $25.6 million, driven by increased stock awards reflecting a focus on long-term retention. This trend mirrors broader industry increases, with significant pay packages also seen at Disney and Endeavor.
Former Paramount CEO Bob Bakish topped Hollywood's executive compensation list in 2024 with a $69.3 million severance package. Netflix co-CEOs Ted Sarandos and Greg Peters led among active executives. Many Hollywood executives' pay surpassed the Equilar 100 median of $25.6 million, driven by increased stock awards reflecting a focus on long-term retention. This trend mirrors broader industry increases, with significant pay packages also seen at Disney and Endeavor.
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