Company directors said the bonus was justified as the men were “critical to the completion” of the Disney deal.
While he appeared to open up about a range of topics at this week's Code 2018 conference, James Murdoch did everything he could to defer from both Fox's plans and his own.
Fairfax has copped a fine from the Federal Court over a Domain ad that exaggerated its size and reach in the real estate market. And other media tidbits of the day.
While an independently run Sky News under Disney would at first seem to diminish any Murdoch influence, it pays to remember that the family is playing the long game.
More people are watching TV on more platforms than ever, but Australia's only pay TV network is struggling. But what are the biggest threats facing Foxtel?
Will the Murdochs sit on a $10 billion stake in a company they have no control over, or will we see a fire-sale and a new generation of the family enriched?
The Murdoch empire has been tight-lipped on its true plans after the Disney deal, but it's clear that things are on a downward slope.
Rupert Murdoch's spin is in overdrive as he tries to justify the Fox-Disney sale as anything but what it is: a necessary deal to save a falling company.
Good morning, early birds. Murdoch elder Rupert has approved a massive sell-off of 21st Century Fox assets. Plus, remember when we were told slashing penalty rates would boost employment figures? Turns out, not so much. It's the news you need to know, with Max Chalmers.