It’s a good time to be a media maven. According to a study by The Associated Press, six out of the 10 highest paid American executives work in the media industry.
David Zaslav, head of Discovery Communications, is the highest paid CEO. Zaslav raked in roughly $156 million last year. Following Zaslav were CBS’ Les Moonves, Viacom’s Sumner Redstone, Disney’s Bob Iger, Comcast’s Brian Roberts and Time Warner’s Jeffrey Bewkes.
One reason media execs do so well is that the talent—actors, directors, etc.—get paid handsomely. When workers have a fat paycheck, their bosses have an even bigger one.
Another reason media CEOs are paid so well is that they are white dudes. It always helps to be a white man in America. If you have a chance to be a white man, you should do it.