Time Inc.’s new CEO Jack Griffin received $1.4 million from Meredith when he left the company to take over from Ann Moore, according to 10-K Form the company filed with the SEC last week. The money accounted for a few remaining months of Mr. Griffin’s salary and a year-end bonus worth $1,256,301. The business Read More
For the year from June 2009 to June 2010, Mr Murdoch’s pay was the lowest it’s been since 2003. Mr. Murdoch’s salary hovered at $8.1 million Read More
CNN is paying Eliot Spitzer something in the ballpark of $500,000 to
For comparison, Larry King’s most recent contract for 9 p.m. was around $7 million, and the network will pay him $3 million now just to work on specials. But it’s not like Mr. Spitzer needs the money; his father did extremely well Read More
CBS lost less money in the first quarter than one year ago, according to the network’s earnings report yesterday.
The company, which owns the CBS television network and local stations, reported a net loss of $26.2 million in the first quarter, an improvement from a loss of $55.3 million a year earlier. Excluding Read More
Even as media budgets dried up in 2009, some executive pay packages soared.
CBS C.E.O. Leslie Moonves’ pay ($43 million) doubled between 2008 and 2009 and Viacom C.E.O. Phillip P. Dauman ($34 million) saw a 22 percent jump.
In her first year on the job, Yahoo C.E.O. Carol Bartz will make $47.2 million, according to the Associated Press. More than half of the package, which was outlined in the company’s regulatory filing on Thursday, comes in stock options as an incentive for Bartz to turn the company around.
Her first year Read More