Latest Reed Hastings News

This photo combo shows from left,  General Motors Chairman and Chief Executive Officer Mary Barra, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, Lisa Su, president and CEO of AMD, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)

AMD’S Su, Discovery’s Zaslav among highest paid CEOs

May. 27, 2020 1:35 PM EDT

Here are the highest paid male and female CEOs in the S&P 500 index for 2019, as calculated by The Associated Press and Equilar, an executive data firm. The AP’s compensation study covered 329 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their...

This photo combo shows from left,  General Motors Chairman and Chief Executive Officer Mary Barra, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, Lisa Su, president and CEO of AMD, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)

CEO pay has topped $12.3M. Can it keep rising post-pandemic?

May. 27, 2020 1:30 PM EDT

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1% last year. For the typical worker at...

This image released by Netflix shows Chris Hemsworth, left, in a scene from

A teeming, violent pre-pandemic world in 'Extraction'

Apr. 22, 2020 6:31 PM EDT

NEW YORK (AP) — The big-budget action thriller “Extraction” belongs, in many ways, to another world. It’s set in the Bangladesh capital of Dhaka, one of the most densely populated cities in the world. It’s in this urban sea of people and traffic that Chris Hemsworth’s...

FILE - This Jan. 29, 2010, file photo shows the company logo and view of Netflix headquarters in Los Gatos, Calif. Netflix picked up nearly 16 million global subscribers during the first three months of the year, helping cement its status as one of the world's most essential services in times of isolation or crisis. (AP Photo/Marcio Jose Sanchez, File)

Pandemic and chill: Netflix adds a cool 16M subscribers

Apr. 21, 2020 7:44 PM EDT

BERKELEY, Calif. (AP) — Netflix picked up nearly 16 million global subscribers during the first three months of the year, helping cement its status as one of the world's most essential services in times of isolation or crisis. The quarter spanned the beginning of stay-at-home orders in the U.S. and around...