Netflix Co-CEOs Ted Sarandos, Greg Peters See Pay Packages Drop in 2025

Home TV News Apr 16, 2026 2:17pm PT Netflix Co-CEOs Ted Sarandos, Greg Peters See Pay Packages Drop in 2025 By Jennifer Maas Plus Icon Jennifer Maas TV Business Writer @jmaasaronson Latest Netflix, With Warner Bros. Off the Table, Beats Q1 Earnings Expectations 1 hour ago How Ebay’s Trading Card Marketplace TCGPlayer Is Using Xerox to Expand, Maintain ‘Trust’ With Magic: The Gathering, ‘Pokemon’ and ‘One Piece’ Gaming Communities 3 hours ago ‘Dungeons & Dragons’ Maker Launches Official Actual-Play Show Amid Growing Popularity of ‘Critical Role,’ ‘Dimension 20’ (EXCLUSIVE) 7 hours ago See All Getty Images Netflix co-CEOs Ted Sarandos and Greg Peters saw their compensation come in just above $53 million in 2025, which actually marked a decrease in the chiefs’ pay packages from 2024. The streamer announced the CEOs’ pay in an SEC filing Thursday, which came out just as the Netflix execs were fielding analyst questions about their first-quarter 2026 earnings during a live-streamed interview. According to the filing, Sarandos and Peters both received a base salary of $3 million in 2025 and stock awards of $41.4 million. Neither of the co-CEOs had bonuses or option awards for the year. Each received a non-equity incentive plan compensation of more than $7 million. “All other compensation” for Sarandos stood at $2.5 million and for Peters it was $1.7 million. Popular on Variety In total, Sarandos’ pay package for 2025 was $53.9 million and Peters’ was $53.2 million. In 2024, Sarandos’ compensation was $62 million and Peters’ was $60 million. More to come… Read More About: Netflix Jump to Comments More from Variety ‘Game of Thrones’ Movie Officially Titled ‘Aegon’s Conquest’ Michael B. Jordan’s ‘Thomas Crown Affair’ Trailer Seduces CinemaCon With Art, Sex and an Oscar-Winning Six Pack AMC Theatres Boss Adam Aron on Supporting Paramount’s Deal to Buy Warner Bros., Future Taylor Swift Collaborations and Working With Netflix ‘Slay Day,’ Interactive Slasher Film, Plans Presidents’ Day 2027 Release on Over 1,000 Screens (EXCLUSIVE) ‘Godzilla Minus Zero’ First Look Set for CinemaCon as Takashi Yamazaki Joins GKIDS Presentation Amazon MGM’s Search for New James Bond Actor: ‘We’re Taking the Time to Do This With Care and Deep Respect’ Loading comments...