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| Les Moonves |
Variety also reports CBS Corp. chairman Sumner Redstone saw a windfall of $57.1 million, an 83% increase from the $31.2 million he received in 2012.
Moonves’ salary, stock awards and other bonuses grew 8% over its 2012 pay package. But that still wasn’t as much as the $69.9 million he netted in 2011.
CBS Corp. in its filing cited the growth recorded last year by the flagship CBS network and Showtime, the improved performance at the company’s local TV and radio stations, as well as the corporate moves that included setting up the spinoff plan for its domestic outdoor advertising operations and sale of its international outdoor assets. The company also prevailed in its summer standoff with Time Warner Cable, ending up with a deal that yielded hefty retransmission consent fees for CBS’ O&O group.
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| J. Ianniello |
CBS chief operating officer Joseph Ianniello had a good year, taking in $24.5 million, nearly double the $12.2 million he earned in 2012. The spike came in part as a result of his promotion to COO.
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