WGA blasts studio executive pay in message to Comcast, Netflix shareholders

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WGA blasts studio executive pay in message to Comcast, Netflix shareholders
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WGA West President Meredith Stiehm wrote in a pair of letters to Comcast and Netflix shareholders that they should oppose the companies’ executive compensation plans amid the writers’ strike, which is now in its fifth week.

A Times survey tallies the paydays for the heads of Warner Bros. Discovery, Netflix and more. The issue has become a hot topic on picket lines during the writers’ strike.

Since then, total compensation has dropped, in part due to the volatility of the stock market and pressure from investors for the companies to become more profitable. They also are looking to set minimums for the number of writers employed and for the amount of time they can be employed, on shows. Additionally, they are looking to regulate the use of artificial intelligence.Since the strike, the writers have disrupted productions of Netflix’s “Stranger Things” and “Cobra Kai,” as well as NBCUniversal series “Law & Order” and “Law & Order: SVU,” according to the Stiehm’s letters.

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