Categories: WSJ

Big Media Firms Pay CEOs More for Less

It pays to be a media titan.

Chief executives in the media and telecom industries made twice as much as their peers in the S&P 500 even though the group’s performance came up short.

The median pay for industry CEOs was $28.7 million in 2017, more than double the overall median of $12.1 million for the heads of all S&P 500 companies, according to a Wall Street Journal analysis of pay data from MyLogIQ LLC.

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