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The stock of Reed Hastings, Netflix CEO is worth $4.1 billion. Pixabay

Do you wonder whats the salary package of Disney CEO Bob Iger or Netflix CEO Reed Hastings? Well, the 2019 compensation for eight big media chiefs was up to $285.7 million, but that number might change due to the ongoing COVID-19 pandemic, as per celeb news.

According to variety.com, a typical employee at AT&T, Comcast, Discovery, Disney, Fox, Lionsgate, Netflix or ViacomCBS would approximately take 410 years to match the “$37.6 million median size of the packages paid to each CEO last year”.


It stated that the 2019 compensation for eight big media chiefs officially add up to $285.7 million. But the total ignored the stock holdings.

“Hastings’ Netflix stock is worth $4.1 billion and has appreciated $1.1 billion since the beginning of 2020,” it pointed out, saying that he got $38.6 million as 2019 compensation. Fox’s Rupert Murdoch collected $5 million at News Corp. Fox paid Murdoch $42.2 million in 2019. Iger’s 2019 package was worth $47.5 million and Comcast’s Brian Roberts made $36.4 million.


The 2019 compensation for eight big media chiefs including Disney CEO Bob Iger, officially adds up to $285.7 million. Wikimedia Commons

Discovery’s President and CEO David Zaslav’s 2019 compensation was $ 45.8 million, Lionsgate’s CEO Jon Feltheimer got $ 6.6 million and ViacomCBS’s CEO and President Robert Bakish made $ 36.6 million.

But the packages are set to be altered with COVID-19 crisis, and a wave of recession, layoffs and furloughs setting in.

Also Read: McLaren Removes OnePlus as Partner For The 2020 F1 Season: Report

“Change is coming,” said Rosanna Landis Weaver, program manager of shareholder advocacy group As You Sow, adding: “There’s a lot of populist outrage over this, and this level of inequality is destabilising.”

The report pointed out that while many top executives did forgo their salaries during the crisis, “but not the bonuses and stock awards that account for the bulk of their compensation”.

Charles Elson, director of the University of Delaware’s John L. Weinberg Center for Corporate Governance, said: “Companies may emerge from this and shrink their workforces. But somehow I think media executive salaries will return to normal.” (IANS)


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Rihanna was summoned from her seat to accept the honour, with the Prime Minister.

Singer Rihanna was honoured by Prime Minister Mia Mottley at an event which marked Barbados's new status as a republic, which was attended by Prince Charles. Addressing the pop star by her real name, the PM said: "Robyn Rihanna Fenty tomorrow morning shall have conferred upon her the order of national hero of Barbados."

Rihanna was then summoned from her seat to accept the honor, with the Prime Minister managing to rouse a laugh from the singer when she referenced her 2012 hit 'Diamonds', reports femalefirst.co.uk. She added: "On behalf of a grateful nation, but an even prouder people, we therefore present to you, the designee, for the national hero of Barbados." "And to accept on behalf of a grateful nation - you can come my dear - ambassador Robyn Rihanna Fenty, may you continue to shine like a diamond and bring honor to your nation." Rihanna, who was born in the St Michael parish of Barbados, found fame in 2005 after being spotted by a record producer and has since gone on to become one of the most successful female artists of all time with sales of over 250 million and recently reached billionaire status through her Fenty beauty brand.

The Prime Minister continued in her speech: "Commanding the imagination of the world through the pursuit of excellence, her creativity, her discipline, and above all else, her extraordinary commitment to the land of her birth. "Having satisfied that, Ambassador Robyn Rihanna Fenty has given service to Barbados which has been exemplified by visionary and pioneering leadership, extraordinary achievement and the attaining of the highest excellence to the Government of Barbados." It comes after a historic move for Barbados, which has become a republic after almost 400 years and welcomes its first president, Sandra Mason, after removing Queen Elizabeth as head of state. (IANS/ MBI)


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