Fox News Boss Takes 50% Pay Cut

Yesterday, FTVLive told you that the executives at Fox were cutting their own pay, so they don’t have to cut the employees salary.

Lachlan Murdoch sent an email out saying that the company’s Named Executive Officers – Rupert Murdoch, John Nallen, Viet Dinh, Steve Tomsic and I – will forego our salaries through September 30, 2020.

Fox News CEO Suzanne Scott is taking a 50% pay cut while the company deals with the COVID pandemic.

Fox is doing all they can not to cut the pay of the rank and file.

Companies like Meredith and Tegna are cutting employees pay.

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