MPAA CEO Chris Dodd Received $3.3 Million in 2012
Christopher Dodd, the CEO of the MPAA, earned compensation of $3.3 million in 2012, up from $2.4 million in 2011, his first year at the helm of the movie industry trade group, according to a tax filing obtained by The Hollywood Reporter on Wednesday.
However, the MPAA noted that Dodd only worked nine months in 2011.
The organization that lobbies lawmakers on behalf of the movie industry spent more than $28.6 million on compensation and benefits for 200 employees, an average of more than $143,000 per worker.
The MPAA also reported a $1.7 million deficit in 2012, in part due to lobbying and charitable donations. The association gave $600,000 to the Copyright Alliance and $475,000 to the Center for Copyright Information, for example.
It also gave $110,000 to the Democratic Governors Association and the same amount to the Republican Governors Association, as well as $100,000 to Americans for Tax Reform, $75,000 to the U.S. Chamber of Commerce, $60,000 to the Center for American Progress, $50,000 to the George Mason University Foundation and $10,000 to Let Freedom Ring.
The MPAA also paid $1 million in severance to former COO Robert Pisano, who was acting CEO until Dodd, a former Democratic U.S. senator, took the job.
The MPAA brought in revenue of $68.1 million in 2012 primarily through its film-rating service and membership dues, up from $60.8 million in 2011.
According to the tax filing, the three largest program services engaged in by the MPAA in 2012 were:
1. "Conducting investigations and enforcement related to the illegal distribution of copyrighted audiovisual works."
2. "Engaged in legislative, regulatory and legal advocacy on behalf of the motion picture industry."
3. "Administered a voluntary film-rating service to filmmakers, which helps parents choose appropriate films for their children."