While technology executives are grabbing headlines and wealth with lucrative initial public offerings, media bosses are outpacing them with their pay packages.
Leslie Moonves, chief executive officer of CBS Corp., received $66.9 million in compensation last year, bringing his three-year total to almost $200 million and highlighting the rich payouts in media.
Time Inc., the magazine publisher that will be spun off as a separate company by the end of June, asked Howard Stringer to become a board member, according to people with knowledge of the matter.
Barry Diller plans to expand Aereo Inc.’s streaming-TV service into every major U.S. city if the startup prevails in its fight with broadcasters before the nation’s highest court.
London police expanded an investigation into computer hacking and corporate spying to include people and companies beyond the press.
The U.S. entertainment and media industry last year grew 3.1 percent, its first gain since 2007, as marketers returned to advertising online and on television, according to the accounting firm PricewaterhouseCoopers LLP.
Sudipta Sen was on the run when police arrested him on April 23 at Hotel Snow Land, a resort with views of the Himalayas in Sonamarg, India, about 2,700 kilometers northwest of his Kolkata base.
German stocks advanced as investors awaited the European Central Bank’s interest-rate decision.
Six litigation and leveraged finance partners are leaving Orrick Herrington & Sutcliffe LLP to join Shearman & Sterling LLP in New York.
Balchunas on an ETF That Captures Media Industry