Netflix shareholders rejected by a nearly 3-to-1 margin a 2023 compensation plan for top executives.The result of the vote, held at last Thursday’s annual shareholder meeting, was previously known but the exact tally was released Tuesday afternoon in an SEC filing. Netflix said 97.8 million shareholders voted in favor of the plan (roughly 29%) with 241.7 million against. The vote was non-binding, meaning execs will still be able to collect their packages as projected. Even so, the defeat was a symbolic setback for the company after it overhauled its approach to how it pays its top execs in the wake of a similar vote a year ago.The vote followed a letter from the WGA urging a “no” vote on the pay plan in light of the guild’s ongoing strike against Netflix and other streamers and studios. A similar vote is expected at Wednesday’s Comcast shareholder meeting.The “say-on-pay” vote won’t ultimately prevent execs from collecting as expected, but it is a rare public rebuke of the compensation of media executives at a time of growing scrutiny. The WGA had urged shareholders to give a thumbs-down to the pay scheme, describing it as “inappropriate” in a moment when the guild is at an impasse with Netflix and other AMPTP member companies.https://deadline.com/2023/06/netflix-shareholder-meeting-wga-strike-executive-compensation-1235398208/ (ICE LOS ANGELES)

Fonte notizia: Deadline