Broadcaster to hire 300 new R&D staff to fight Netflix and Amazon challenge amid rise in Premier League costsThe chief executive of Sky, Jeremy Darroch, is cashing in £11.5m in shares, the company announced as it reported a hefty fall in annual profits.Darroch and Sky’s finance chief, Andrew Griffith, are to sell a combined 1.9m shares, worth £18.3m at Thursday’s share price of £9.65, which were awarded as part of Sky’s long-term incentive plan. In 2015 and 2016, Darroch’s total remuneration was £17.9m and £4.7m respectively. Continue reading…
Via: Sky chief gets £11.5m share payout as it reports profits slide

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