Murdochs Drew Lower Pay at 21st Century Fox
The Murdochs who run media giant 21st Century Fox got smaller paychecks in the 2017 fiscal year.
Executive Chairman Rupert Murdoch’s total compensation was $29.3 million, down 15% from the previous year.
His son, James Murdoch, now CEO of the company, received $20.3 million, down 23% from $26.4 million the year before.
Lachlan Murdoch, James’ brother and executive chairman, got $20.6 million, down 13% from $23.7 million.
Related: Murdoch: Eventually, Everyone Will Go Direct-to-Consumer
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.