Netflix CEO Salary Is Worth Every Penny
According to recent reports on Reuters, Reed Hastings, CEO of Netflix will receive the largest pay raise in company history. With a salary jump of more than 50%, Mr. Hastings is slated to bring in more than 6 million dollars, split between stock options and cash salary. Hastings isn’t the only one cashing in on the almost unstoppable success of Netflix. In the 11 years since becoming a publicly traded super-star, NFLX has out-preformed literally every other company on the S&P 500, rising by over 300% in the past year.
Feel like it’s too late to jump on the Netflix bandwagon? Think again. Netflix is well-poised to continue it’s unmitigated success in the year to come. After scoring lucrative deals with Dreamworks, content is expected to increase by 175%. With plans to capitalize on at least one new show, Netflix has every reason to believe it will continue to dominate the streaming-video market. Fans are chomping at the bit to catch the newest seasons of incredibly successful shows such as 2013’s House of Cards and Orange Is The New Black. And investors are chomping at the bit to cash in on what has proven to be the future of entertainment. (Audrey Mathews – VNN) (Image: Flickr | MoneyBlogNewz)