Re:Streaming service prices have more than doubled since com...
by aloe_falsa on Thursday November 09, 2023 @10:51AM
(#38206540)
The Netflix CEO Ted Sarandos had a $40M salary in 2022, which is definitely too much money. However, it's a drop in the bucket compared to the company's $31 billion revenue.
So I'm pretty sure the streaming services are charging whatever they can get away with, aka the market equilibrium price, regardless of their executives' salaries.
Re:Streaming service prices have more than doubled since com...
by iAMkenough on Thursday November 09, 2023 @05:47PM
(#38212482)
CEO pay is just a small part of the picture indeed. How much cash have execs wasted on pet projects like Netflix Games?
As a customer, I might be okay with paying more if there was a transparent effort to cut expenses and a renewed focus on their core business.
Executives deserve to have pay slashed and massive executive position layoffs before consumers, artists, or production staff feel any inconvenience. That will never happen, so it's on us consumers to overpay to keep artists fed.