Television

Discovery's David Zaslav 2018’s highest paid media CEO

Zaslav is followed by Disney's Bob Iger who took home $66 million

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MUMBAI: Guess who the highest paid media executive in the US is? According to The New York Times 2018 CEO compensation survey, the crown goes to Discovery president &  CEO David Zaslav who took home a package of $129 million (Rs 888 crore).  That was a steep hike over his 2017 payout was $42 million, and he has now catapulted to the No 2 position just behind Tesla’s Elon Musk who had a pay package of $2.28 billion ($5 million in 2017). A major part of Zaslav’s compensation was in the form of stocks and options while salary and bonuses accounted for around 20 per cent of his total package.  While Discovery  had a top line of $11 billion, the median salary in the global media firm was $85,704.  Other media executives who feature in the NYT list include: * Walt Disney’s Bob Iger (2018 compensation: $66 million; 2017: $36 million);*  Twenty First Century Fox’s James Murdoch (2018: $44 million; 2017: $20 million); * Netflix’s Reed Hastings (2018: $36 million; 2017: 24 million); * Activision Blizzard’s Robert A Kotick (2018: 31 million; 2017: $29 million);   * Comcast’s Brian Roberts (2018: $29 million; 2017: $27 million); * Adobe’s Shantanu Narayan ($28 million vs $22 million); * CBS’ Joseph R. Ianniello ($27 million); * Omnicom Group’s John D Wren ($24 million vs $24 million); * Facebook’s Mark Zuckerberg ($23 million vs $9 million); * Verizon Communications Hans Vestberg ($22 million); * AMC Networks Joshua W. Sapan ($21 million vs $30 million); * Viacom’s Bob Bakish ($20 million); * Liberty Media’s Gregory B. Maffei ($20 million vs $19 million); * Interpublic group’s Michael I. Roth ($17 million vs $17 million); * Apple’s Tim Cook ($16 million vs $13 million);  * Nextar Media group’s  Perry A. Sook ($15 million vs $19 million)

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