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

  • SHARES

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?

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

Advertisement
Advertisement