TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Huge Bonuses Show It’s Still Good to Be Part of News Corp.

Even though News Corp. is fighting off the pesky phone hacking scandal, Rupert Murdoch and friends (that sounds like a bad Saturday morning cartoon) are still making bank. According to The Guardian, Murdoch got a $12.5 million bonus for this past fiscal year, boosting his total pay up 47 percent to $33 million. The rest of the company’s leadership did well too.

James Murdoch might be skating on thin ice, but that ice is made out of $100 bills. Yeah, that doesn’t really make any sense, but c’mon, it’s the Friday before a holiday. James received a $6 million cash bonus taking his total to about $18 million — a 74 percent increase.

Chase Carey had a good year as well, taking in a $10 million bonus for a total of $30 million. Then there’s Roger Ailes, the mastermind of Fox News. He only got a $1.5m bonus, bringing his pay up to $15.5 million.

Not bad for a company that’s supposedly facing some tough times, right?

UPDATE:
James has reportedly just turned down his bonus because of the phone hacking scandal.

Mediabistro Course

Food Blogging

Food BloggingTurn your culinary passion into a successful food blog! Starting October 27, Carissa Chesanek, the Miami Editor for Zagat Miami, will teach you the fundamentals of food writing including establishing tone, sensory details, and highlighting taste. You'll create an engaging food blog complete with a mission statement, posts, and content plan for success. Register now!