Magazine article Variety

TV Salaries Rising, but at What Cost?

Magazine article Variety

TV Salaries Rising, but at What Cost?

Article excerpt

There's nothing more infuriating to an editor than reading an article in another publication and wishing it was in your own.

Every year, TV Guide would publish a salary survey disclosing how much money the biggest stars were getting paid, and every year I'd turn green with envy at all the attention the story would get.

So when Michael Schneider decided to leave TV Guide to join our sister publication Indiewire as executive editor, at the same time taking on an editor-at-large post at Variety, it wasn't hard to decide what assignment we should give him first. Reviving the salary survey at Variety made even more sense because we'd be reuniting Mike with our executive editor of TV, Debra Birnbaum, who worked with him when she was editor-in-chief of TV Guide.

Together with our own resident TV guru, Cynthia Littleton, Debra and Mike have transplanted the salary survey to Variety in better shape than ever. Sure, we expect that revealing sensitive financial information will give the industry plenty to buzz about, but there's more to it than that: Our TV team puts these numbers into context by explaining how the astonishing increases are a function of increased competition for top talent, driven by the emergence of the streaming services. …

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