Friday, May 8, 2020

Rupert Murdoch Gives Up Annual Cash Bonus

News Corp. Executive Chairman Rupert Murdoch has voluntarily forgone his entire cash bonus for fiscal 2020 following the impact of the COVID-19 pandemic on the media company's financial results. Thursday, News Corp. reported a net loss of $1 billion for the third quarter, reflecting a write-down in the value of its Australian Pay-TV operator Foxtel.

from RTT - Earnings https://ift.tt/2SQmfuG
via IFTTT

No comments:

Post a Comment