Executive Pay 2020: COVID Hammered Hollywood’s Bottom Line – But Not CEOs’ Wallets

WrapPRO’s annual executive compensation survey finds that not everyone who took COVID pay cuts made less money in 2020

Taking a pay cut during the pandemic meant something very different for Hollywood and tech CEOs than for the rest of us.

Last year, while the pandemic was spiraling out of control and bludgeoning the industry’s bottom line, many media companies like Fox, Comcast, Disney and struggling movie theater chains like AMC and Cinemark put out slick press releases about how their top execs were cutting – or in some cases forgoing – their salaries to help weather the financial storm.

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Tim Baysinger

Tim Baysinger

TV Reporter • tim.baysinger@thewrap.com • Twitter: @tim_bays

Tony Maglio

Tony Maglio

TV Editor • tony.maglio@thewrap.com • Twitter: @tonymaglio

Diane Haithman

Diane Haithman

Senior Entertainment Business Reporter • diane@thewrap.com • @dhaithman

Sean Burch

Sean Burch

Tech reporter • sean.burch@thewrap.com • @seanb44