Netflix, SiriusXM Boosted Law Chiefs’ Pay, Among Best in Media

Two of the most highly compensated lawyers in the media industry—the legal chiefs for Netflix Inc. and Sirius XM Holdings Inc.—saw their pay rise last year as both companies battled to add subscribers.

Netflix‘s chief legal officer David Hyman saw his pay grow by nearly a third to almost $13.3 million in 2022, while Sirius XM’s general counsel Patrick Donnelly nearly tripled his pay to $8.8 million, per proxy filings by the two companies.

Netflix added fewer than 9 million customers last year, its slowest pace since 2011, Bloomberg News reported. The company also had a lower-than-expected subscriber ...