Netflix CEO gets pay bump after 2012 cut




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Summary: LOS ANGELES (AP) , Netflix CEO Reed Hastings' pay will double to $4 million next year, after he took a pay cut due to management missteps this year. Hastings' annual salary will rise to $2 million in 2013 and he will get $2 million in stock options, according to a securities filing Friday. That's up from a salary of $500,000 and $1.5 million in stock options for 2012.