Robert Kotick, president and chief executive officer of Activision Blizzard Inc., increased his compensation almost eightfold to $64.9 million last year, becoming one of the highest-paid CEOs in the U.S.
Four of the five highest-paid employees at Standard & Poor’s 500 companies aren’t chief executive officers. They’re Apple Inc. senior lieutenants receiving compensation packages designed to keep management intact in an increasingly competitive industry.
Discovery Communications Inc. Chief Executive Officer David Zaslav says the U.K., which has been rocked by News Corp.’s phone-hacking scandal, needs to keep its “light touch” media regulation to lure foreign investments.
Discovery Communications Inc. , the owner of cable television’s Discovery Channel and Animal Planet, is predicting rising fourth-quarter advertising sales and may consider buying Virgin Media Inc.’s stake in UKTV.
Discovery Communications Inc., the cable-programming company that owns the Animal Planet and Investigation Discovery channels, reported slower sales than estimated last quarter as the company looks overseas for growth.