Media Business Boasts Top Pay for CEOs
Six of the highest paid CEOs in the country come from the media business, according to a study conducted by compensation data firm Equilar and the Associated Press. David Zaslav, CEO of Discovery Communications, had the highest total compensation, getting $156.1 million for 2014. The bulk of that was a one-time equity grant made when Zaslav signed a new multi-year contract. CBS CEO Les Moonves was number two on the list, although his pay package of $54.5 million was down from the previous year. Also on the list were Viacom CEO Philippe Dauman, Walt Disney Co. CEO Bob Iger, Comcast CEO Brian Roberts and Time Warner Inc. CEO Jeff Bewkes. Media stocks have climbed the past five years. An index of media companies in the S&P 500 index has risen 193% compared with a gain of 95% for the broader S&P 500, the AP said.
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