Son of Rupert Murdoch and executive of News International, James Murdoch, has refused to accept a $6 million bonus due to the ongoing enquiries into phone hacking at the now defunct News of the World tabloid, a British paper that has caused outrage in recent months for tapping into the phones of service personnel and abducted schoolchildren.
Despite this, he has proceeded to accept a pay rise of 75 per cent, meaning that in total his remuneration will be $17 million for the past year. Interestingly, Rupert Murdoch, who had said he was ‘humbled’ at a Select Committee hearing in July, has accepted his bonus of $12.5 million.
There has been continued controversy over payments of NI executives in wake of the hacking scandal. Roy Greenslade of MediaGuardian has recently questioned whether or not Rebekah Brooks continues to be on the payroll of News Corp, with speculation that she may again work with Murdoch in another role when the scandal ‘dies down.’
In addition, there have been allegations that Andy Coulson, former News of the World editor and director of communications for British Prime Minister David Cameron, was still receiving payments from News International when he was intimately involved with Westminster’s political affairs, drawing the judgment of Conservatives leader into considerable question.
The News of the World was the biggest Sunday newspaper in the country, and had been an institution for centuries. Leading rivals the Mail on Sunday, the Sunday Mirror and the Sunday Star have proceeded to gain considerable sales from the paper’s demise in recent weeks. The Sun is expected to launch a Sunday edition in the near future.
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