CEOs Afraid Of Going Social Are Doing Shareholders A Massive Disservice
In his ninth decade, Rupert Murdoch is both still firmly in control of his media empire and facing what may be the biggest crisis of his career. The phone hacking and bribery scandal at News Corp.'s British newspaper subsidiary has thrown open the question of succession, with heir apparent James Murdoch forced to step back from some duties and elder brother Lachlan appearing poised for a return to the fold. Despite declaring himself "humble" in a Parliamentary hearing, the patriarch continues to make his presence felt, most recently in the decision to launch a new Sunday tabloid. Financially, he has room to maneuver thanks to the performance of News Corp.'s cable networks, particularly Fox News, which accounted for close to half of the cable group's $1.6 billion in 2011 earnings. [...] more
Romney is at heart a businessman, not a conservative. [...] more>>
Employees of The Wall Street Journal, the New York Post and other News Corp.-owned newspapers are feeling nervous over the prospect of being severed from the parts of the media conglomerate responsible for the vast majority of its profits. Until now, the cash thrown off by "Avatar," "American Idol" and Fox News Channel has largely spared News Corp. from the need for aggressive cost-cutting measures [...] more>>
He may cause outcry every time he takes to Twitter, but News. Corp. chairman Rupert Murdoch can generally be relied upon to make money no matter what scandal he finds himself embroiled in. On Monday, he banked over $136 million thanks to a boost in the stock of his media juggernaut. [...] more>>
Dealmakers take center stage, but broader market hangs tough after Friday surge. [...] more>>
Supreme Court rules on Obamacare; EU leaders gather in Brussels. [...] more>>
After the spin-off, both entities can make interesting investing plays. [...] more>>
| Salary | $8,100,000 |
| Bonus | $12,500,000 |
| Restricted stock awards | $8,527,321 |
| All other compensation | $308,432 |
| Option awards | $0 |
| Non-equity incentive plan compensation | $0 |
| Change in pension value and nonqualified deferred compensation earnings | $3,857,000 |
| Total Compensation | $33,292,753 |
| Number of shares owned | 381,229 |
| All other compensation | $35,079 |
| Total Compensation | $35,079 |
| Fees earned or paid in cash | $32,404 |
| Total Compensation | $32,404 |
