Netflix shareholders withhold support for executive pay package

By Dawn Chmielewski
FILE PHOTO Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19 2022. REUTERSDado Ruvic

FILE PHOTO: Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic

(Reuters) - Netflix Inc shareholders on Thursday withheld their support for the company's executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation.

The Writers Guild of America West had urged investors to vote against the compensation offered to Netflix's top executives, arguing such a vote would be "inappropriate" during the strike, which has entered its fifth week.

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