Rupert Murdoch, the world's largest media mogul, whose empire takes in all media platforms and cotninues to grow across the globe is maybe best known for forcing governments to back down on media protection laws wherever he goes.
The Wall Street Journal, however, felt it most important to note that while Murdoch's combined salary, stock and bonus compensation rose 9% last fiscal year, to $27.1 million, his overall compensation dropped 14% due to accounting changes that slightly cut his retirement savings.
How Sad! ;)
While it is important we understand how much moguls like Murdoch are earning, especially in a time when the media is facing one of its greatest crisis and journalists are being sacked by the thousands throughout the western world. It is also important that these kinds of facts are backed up with the context that allows stakeholders to make valid decisions on the issue. But as both Wall Street Journal and its publisher Dow Jones are firmly planted under the Murdoch banner, it may be too much to ask.
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