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Fox Corp's Rupert Murdoch gets paid $42.2 million in 2019

September 23, 2019 at 06:09 pm EDT

(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 Walt Disney Co.

In a filing on Monday, Fox said Murdoch's compensation 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.

Rupert and Lachlan Murdoch will earn $29.3 million and $23.6 million respectively, from next year onwards, excluding compensation related to the Twenty-First Century Fox deal. (https://bit.ly/2laTNpv)

The newly spun-off media company Fox Corp debuted on the Nasdaq earlier in March following the $71 billion sale of Twenty-First Century Fox's film and television assets to Walt Disney.

(Reporting by Shradha Singh in Bengaluru)

Stocks treated in this article : Walt Disney Company (The), NASDAQ Comp., News Corp, Fox Corp

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
WALT DISNEY COMPANY (THE)	103.2 USD	-0.12%	-2.40%	188B
NASDAQ COMPOSITE	16,686 PTS	-0.07%	+2.11%	-
DOW JONES INDUSTRIAL	40,004 PTS	+0.34%	+1.24%	-
NASDAQ 100	18,546 PTS	-0.06%	+2.12%	-
S&P 500	5,303 PTS	+0.12%	+1.54%	-
NEWS CORPORATION	26.29 USD	-0.04%	+5.03%	15.13B
LINE CORPORATION	5,350 JPY	-.--%	-0.19%	12.52B
FOX CORPORATION	32.85 USD	+0.52%	-1.68%	14.79B

Keith Murdoch

Keith Rupert Murdoch is a businessperson who founded TFCF Corp. and who has been the head of 11 different companies. He occupies the position of Co-Chairman for Fox Corp., Executive Chairman for Fox News Network LLC (a subsidiary of Fox Corp.), Executive Co-Chairman at News Corp., Chairman & Chief Executive Officer of Ruby Newco LLC (a subsidiary of News Corp.), Chairman at Sky Global Holdings, Inc. and Executive Chairman at FOX Business Network. Mr. Murdoch is also on the board of STAR Group Ltd. and The Partnership for New York City. Keith Rupert Murdoch previously occupied the position of Executive Co-Chairman at TFCF Corp., Executive Chairman of News Corp Australia Pty Ltd., Chairman at The DIRECTV Group, Inc., Chairman & Chief Executive Officer for Fox Entertainment Group, Inc. and Chairman for Dow Jones & Co., Inc. He received an undergraduate degree and a graduate degree from Worcester College.

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