The Murdochs are guaranteed over $206 million once the Disney-Fox deal is finalized
|04/20/2018||Posted by BusinessMediaguide.Com under General World News||
- According to an SEC filing on Wednesday spotted by The Wrap, the Murdoch family — Rupert and sons James and Lachlan — will receive over $206 million once the Disney-Fox deal is finalized.
- The amount will come via a golden parachute, compensation an executive receives after being dismissed from the company after a merger.
- 21st Century Fox CEO James Murdoch will receive the most, $70.6 million, and he and his brother Lachlan would receive an additional $22 million in severance if fired before June 30.
- Disney announced in December it will buy 21st Century Fox’s film studio and many of its TV read more >>>