The big bucks stop here

Author:
Publish date:
Social count:
0

According to a recent Securities and Exchange Commission filing, Fox TV
Entertainment Group chairman Sandy Grushow had a total 2002 pay package worth
$5.6 million, including salary, bonus and stock options.

Mitch Stern, who runs the Fox-owned TV stations, made $4.5 million -- about
what Fox News head Roger Ailes made. Head sports executive David Hill wasn't far
behind, at almost $4 million.

Stern's boss, Lachlan Murdoch, made $2.8 million, while his dad, Rupert, took
home $9.2 million.

But the biggest breadwinner was News Corp. president and chief operating officer Peter Chernin --
almost $18 million, $14.5 million of it in salary and bonus.

Chase Carey, who bailed out of News Corp. in mid-contract last year, landed
softly with $10.8 million.

Related

The Big Bucks Behind The Big Leagues

TV networks will pay out about $5.8 billion on sports rights next year. The Big Four broadcasters will spend almost as much on sports as they do on sitcoms and dramas for their prime time schedule. Here is a look at the finer points of who's got what and how much they're paying for it. It was compiled from the leagues, networks, Street & Smith's Sports Business Daily and Morgan Stanley's Sports Programming Update.