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James Murdoch could soon earn a cash bonus of up to $12m (£7.3m) from News Corporation on top of his $3m salary even though the part of the company he has run has been mired in the phone-hacking scandal, shut one of its flagship British newspapers and been forced to abandon the bid for BSkyB in the wake of cross-party hostility in the UK.
His father Rupert is also entitled to a cash bonus of $25m on top of his salary of $8.1m, depending on the company's assessment of his performance in the year to 30 June. Last week Rupert Murdoch told MPs he was experiencing "the most humble day of my life" when questioned by a parliamentary committee about the phone-hacking crisis.
Originally posted by AnonymousFem
reply to post by wcitizen
No gagging order, they have still been speaking about it on the news, but I agree not as much as before.
If the Murdoch's had any humanity in them, they would give up their bonuses and give it to the victims of these phone hackings. Will they? NO, they are too greedy to.
ritain's best-selling newspaper The Sun - owned by Mr Murdoch's News International - backed Mr Blair in the late '90s after years of supporting the Tories.
"For any political leader who's been operating in Britain for the last 30, 40 years, the power of the media is such that you can't not have a relationship with people who are major and powerful media people," he said.