Fox’s Murdochs Take a Big Pay Cut After Asset Sale to Disney

Reuters: Fox Corp chairman Rupert Murdoch was paid $42.2 million in fiscal 2019, lower than last year, following the media company’s sale of its film and TV assets to Disney. Murdoch’s pay in 2018 was $49.2 million. CEO Lachlan Murdoch’s compensation for the year ending June 30, 2019 was $42.1 million compared with $50.7 million a year earlier.