Chief executive of Disney collected $31.4M last year
Time Warner Inc. Chief Executive Jeff Bewkes is indisputably among the nation’s highest-paid executives, but compared with his fellow media moguls, he is eking out a meager living.
The New York media conglomerate that owns Warner Bros., HBO, TNT and Time magazine revealed Monday that Bewkes’ 2011 compensation package was worth $25.9 million, down 1% from 2010.
David Zaslav, CEO of Discovery Communications Inc., meanwhile, got a 23% raise in 2011 to $52.4 million.
Other recent filings with the Securities and Exchange Commission revealed that, although there was some disparity, media chiefs again were richly rewarded. Robert Iger, CEO of Walt Disney Co., collected $31.4 million last year. Viacom Inc.‘s Philippe Dauman received $43 million last year — considerably less than his eye-popping 2010 compensation of $84.5 million because of a one-time stock award that made him the highest-paid executive in corporate America that year.
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-- Ben Fritz and Meg James, Los Angeles Times