In a non-binding protest against lavish pay for top media executives, Netflix Inc. shareholders voted to reject pay packages for the company’s leadership, including Co-Chief Executive Officers Ted Sarandos and Greg Peters.

Sarandos is expected to earn up to $40 million in salary, bonus, and stock options, while Peters, who was named co-CEO in January, is expected to earn $34.6 million. Reed Hastings, co-founder and executive chairman of the company, will receive $3 million.

According to a Bloomberg report, the situation, shareholders voted against the proposed compensation during an annual meeting. Netflix’s board of directors can ignore the results, as they have in the past, even though the vote is significant given the current conflict between major Hollywood studios and screenwriters.

Striking Hollywood writers have chastised media companies for overpaying executives, citing the salaries of Walt Disney Co. CEO Bob Iger and Warner Bros. Discovery Inc. CEO David Zaslav, among others. According to the writers, they are asking for a salary increase that is less than what a handful of billionaires make in a year. The Guild went on strike in early May, with its members demanding higher pay in the face of rapid changes in how people watch their shows and films.

The majority of the votes were cast before the Writers Guild of America, which represents over 11,500 screenwriters, advised shareholders in a public letter last week to vote against the packages, according to the person, who declined to be identified.