Friday, September 2, 2011
In spite of the phone hacking scandal, Rupert Murdoch's take home pay is increasing this year. From the Hollywood Reporter: although Mr. Murdoch's salary stayed the same ($8.1 million) bonuses and stock pushed his total compensation up by more than 46 percent. Son James Murdoch's compensation package increased by nearly 74 percent. Although his salary dropped by 200,000 dollars, his bonus jumped more than $4 million and he also received stock awards. Other executives with the conglomerate also received good news in their pay envelopes.