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| Monday, Dec 30, 2013 08:12 PM PST | |
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| Netflix hikes CEO salary by 50 percent for 2014 Monday, Dec 30, 2013 08:12 PM PST  (Reuters) - Netflix Inc raised the salary of its Chief Executive Reed Hastings by 50 percent to $6 million for 2014, a regulatory filing showed, as its stock quadrupled in value this year amidst new programming and a growth in subscriber base. Hastings will receive $3 million each in cash and stock options for the year, according to the filing with the U.S. Securities and Exchange Commission made late on Monday. Other top executives including Chief Financial Officer David Wells and Chief Content Officer Ted Sarandos will also get a pay hike in 2014, it said. In November, Netflix added four new television series and one miniseries from Disney's Marvel unit, and in December it secured the rights to make new episodes of a spinoff of the "Breaking Bad" television series, available within days to customers in Latin America and Europe, starting in 2014. Full Story | Top |
| Al Jazeera says four journalists held in Egypt after hotel broadcast Monday, Dec 30, 2013 11:49 AM PST  Four Al Jazeera journalists have been arrested in Egypt, the station said on Monday, after the Interior Ministry accused the Qatar-based channel of broadcasting illegally from a hotel suite with a member of the Muslim Brotherhood. Al Jazeera's offices in Cairo have been closed since July 3 when they were raided by security forces hours after the army ousted the Brotherhood's Mohamed Mursi from the presidency. Qatar was a strong financial backer of the Brotherhood's rule and its relationship with Cairo has deteriorated in recent months as it vehemently opposes the army's overthrow of Mursi and the crackdown on his movement that has followed. "State security received information that a member of the (Brotherhood) used two suites in a Cairo hotel to hold meetings with other members of the organization and turned the suites into a press center," the ministry said. Full Story | Top |
| Nazi-looted art found in German parliament: report Monday, Dec 30, 2013 07:30 AM PST  By Madeline Chambers BERLIN (Reuters) - An art historian has found two art works stolen by the Nazis inside Germany's parliament, a newspaper reported on Monday, in a new embarrassment for authorities after a huge stash of looted art came to light last month. The Bundestag, in a statement issued after the report in Bild newspaper, said an art historian was reviewing two "suspicious cases", but a spokesman would not confirm the find. The art historian's investigations into the German parliament's art collection, which began in 2012, were continuing, the Bundestag spokesman said. "It is unclear when there will be a result to the investigations," he said. Full Story | Top |
| A Minute With: Met Opera chief Peter Gelb on live opera broadcasts Monday, Dec 30, 2013 12:52 AM PST  When the Metropolitan Opera began its live-to-cinema opera transmissions on December 30, 2006, its then-new general manager Peter Gelb says many people predicted the expensive experiment would fail. "I think there were a lot of people who expected us to fall on our face with this program," Gelb told Reuters. The Met's broadcasts have created a new market for live cinema broadcasts of dance, opera, plays and orchestral performances by a raft of arts institutions, from the Royal Opera to the Bolshoi to the Berlin Philharmonic which is airing its New Year's Eve concert this year featuring Chinese piano soloist Lang Lang. Gelb thinks a large part of the broadcasts' allure is the fact they are live, that anything can happen and, at least in opera, it underscores the "gladiatorial" aspect of these highly trained singers giving their all on stage, now to audiences far beyond the boundaries of the opera house. Full Story | Top |
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