Bonuses cut at News Corp but Rupert still gets $30m packet

NEWS Corp executives, including Rupert and James Murdoch, had millions cut from their annual bonuses last year because of the phone-hacking scandal. But the two Murdochs were still paid a combined $47m (£29.6m).

Rupert Murdoch was paid just over $30m, down nearly $3m on the previous year, while James was paid $16.8m, more than $1m less than the previous year.

Deputy chief operating officer Chase Carey and chief financial officer, David DeVoe, also saw their total remuneration cut. The cuts were detailed in a US regulatory filing.

The company’s remuneration committee said that Murdoch and other senior executives should “share responsibility” for the impact of the phone-hacking scandal. However, the committee said this had to be balanced against the overall group performance, which remained strong, boosted by its cable arm.