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

By Chris O'Shea Comment

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?

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