In liberal Hollywood, the rich got richer while just about everyone else got poorer — or got laid off.
Hollywood CEOs and other top executives made out like bandits in 2023, with nearly every studio head receiving a hefty pay raise or increase. Their windfalls stand in stark contrast to their employees, who had to endure mass layoffs, budget cuts, and two historic labor strikes that brought the industry to an unprecedented standstill.
Among the executives who saw their compensations rise were the CEO’s of Endeavor, Netflix, and Warner Bros. Discovery, according to data compiled by The Hollywood Reporter. The analysis includes base pay as well as stock-based compensation.
Layoffs hit Hollywood hard in 2023.
Studios that have slashed their headcount include the
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