[Unidentified Analyst]'s questions to Netflix Inc (NFLX) leadership • Q3 2024
Question
[Unidentified Analyst] asked whether Netflix plans to alter its talent compensation model, particularly its practice of paying talent upfront.
Answer
Theodore Sarandos (Co-CEO) stated firmly that Netflix is not changing its upfront compensation structure. He argued the model benefits both creators (by removing risk) and Netflix (by attracting top talent), noting that while bespoke deals are possible, talent typically prefers the upfront model.