While the media landscape is constantly changing, with newsrooms and budgets shrinking across the country, the pay of the CEOs of companies in general, and media companies in particular, continues to increase.
An Associated Press article on the rise of CEO pay highlighted the seven-figure salaries media company CEOs are bringing in. CBS chairman Les Moonves is the second highest paid CEO of all, with an annual compensation package of $65.6 million in 2013, a 9 percent increase from the prior year.
But Moonves is hardly the only media head to be bringing in big bucks. As the article notes, the list of highest paid CEOs is littered with other media conglomerate leaders:
Media industry CEOs were, once again, paid handsomely. Viacom's Philippe Dauman made $37.2 million while Walt Disney's Robert Iger made $34.3 million. Time Warner CEO Jeffrey Bewkes earned $32.5 million.


