Netflix—Benefited from writers strike while paying executives $166M
During the 2023 WGA writers strike, Netflix suspended overall and first-look deals and limited assistant pay coverage. The company expected $1.5 billion additional cash from the strikes. Meanwhile, executives received $166M in compensation. Shareholders rejected executive pay packages after writers urged votes against. WGA president argued if Netflix could afford $166M for executives, it could afford the $68M/year writers were asking for.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Executive Compensation | -against | secondary | -0.50 |
| Worker Rights | -against | primary | -1.00 |
| Overall incident score = | -0.443 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.59)
Evidence (1 signal)
Benefited from writers strike while paying executives $166M
During the 2023 WGA writers strike, Netflix suspended overall and first-look deals and limited assistant pay coverage. The company expected $1.5 billion additional cash from the strikes. Meanwhile, executives received $166M in compensation. Shareholders rejected executive pay packages after writers urged votes against. WGA president argued if Netflix could afford $166M for executives, it could afford the $68M/year writers were asking for.