Ted Sarandos’ Trouser Triggered Tragedy

Legwear and Loss: A Tragic Tale Surrounding Ted Sarandos and Netflix

Ted Sarandos standing in front of a primarily yellow step and repeat at SXSW in 2016, he is wearing a brown/greenish jacket,
Ted Sarandos at the premiere of Pee-Wee’s Big Holiday taken by Daniel Benavides and used with permission.

Legwear and Loss: A Tragic Tale Surrounding Ted Sarandos and Netflix

Ted Sarandos, the co-CEO of an embattled Netflix, has passed away at age 59 after his pants spontaneously combusted today while speaking at the Bloomberg Screentime conference.

The actors Netflix relies on for much of its original movies and shows went on strike July 14th (Netflix stock that day closing trading at $441.91). On the day of Ted Sarandos’ tragic clothing conflagration, October 12th, the streamer’s stock had dropped more than 18% (closing that day at $361.20). Earlier this year, a majority of Netflix shareholders did not approve the executive compensation Ted Sarandos and others received.

Netflix has not confirmed the brand of slacks Ted Sarandos was wearing, but witness descriptions suggest it was a blue jean of some kind. First-hand accounts of the moments before the fire all indicate that Mr. Sarandos was speaking about how the actors union, SAG-AFTRA, had asked in their contract negotiations for more money than the streamers could tolerate. At the very instant he said the word “levy,” witnesses say his pants burst into flames. Before any fire extinguishers could be found, the co-chief executive had been engulfed and there was, sadly, no hope of rescue.

Ted Sarandos is survived by his wife Nicole Avant, Sarah and Tony his children and an unquenchable creeping greed.


© Copyright October 12, 2023, David August, all rights reserved davidaugust.com

David August is an award-winning actor, acting coach, writer, director, and producer. He plays a role in the movie Dependent’s Day, and after its theatrical run, it’s now out on Amazon (affiliate link). He has appeared on Jimmy Kimmel Live on ABC, on the TV show Ghost Town, and many others. His artwork has been used and featured by multiple writers, filmmakers, theatre practitioners, and others to express visually. Off-screen, he has worked at ad agencies, start-ups, production companies, and major studios, helping them tell stories their customers and clients adore. He has guest lectured at USC’s Marshall School of Business about the Internet.