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Bernstein Analyst Criticizes Media Executive Pay Scales

Jul 22, 2009  •  Post A Comment

Bernstein Research senior media analyst Michael Nathanson singled out News Corp. and CBS for particular criticism in a report that argued that senior executive pay in the media business is out of line with company performance, Broadcasting & Cable says.

He noted that the five top media CEOs took home, on average, $26.6 million last year, and wrote: “Given the relatively poor one-, three- or five-year performances of most of these stocks, the rich compensation packages look even more extraordinary.”

–Elizabeth Jensen

http://www.broadcastingcable.com/article/315934-Bernstein_Research_Criticizes_Media_CEO_Pay.php

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