Despite Losses, Cable & Broadcast Execs Making More Than Ever Despite the rise in cord cutting and a notable decline in cable viewership, broadcast and cable industry executives are making more money than ever. Light Reading has compiled a list of broadcast and cable executive salaries, with Discovery Communications CEO David Zaslav topping the charts with $156 million in 2014 compensation.

According to an SEC filing, Zaslav's compensation "shows a large one-time equity award to drive immediate shareholder alignment and encourage long-term ownership of stock." Of course some of that money's well-deserved from a bean-counter's perspective, since Discovery is among the only cable networks not seeing floundering ratings, thanks to Shark Week and programs like Naked and Afraid. Among cable CEOs, Time Warner Cable tops the list with 2014 total compensation of $34.6 million. 2015 (or 2016) should be even better for Marcus, who stands to personally net an additional $97 million should Charter's acquisition of Time Warner Cable and Bright House Networks be approved. These numbers may (or hey, may not) change as the cable industry is forced to adapt to the growth of Internet video and the steady decline in cable viewership totals. The Internet video revolution may eventually require the cable and broadcast industry to do something utterly unfamiliar: seriously compete on price. These numbers may (or hey, may not) change as the cable industry is forced to adapt to the growth of Internet video and the steady decline in cable viewership totals. The Internet video revolution may eventually require the cable and broadcast industry to do something utterly unfamiliar: seriously compete on price.







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Most recommended from 30 comments



Flyonthewall

@teksavvy.com 10 recommendations Flyonthewall Anon It doesn't matter how bad it gets CEOs never take cuts. They lay off employees, lay off middle management, reduce maintenance, anything and everything to avoid tightening their own belts. They would watch the company burn first.



You have to boot them from their jobs, and then prove they screwed up to avoid paying out the huge Bonus, scuse me, severance package (Golden Parachute).



CEOs NEVER get bit.

XNemesis

join:2002-11-16

Kitchener, ON 7 recommendations XNemesis Member They surely deserve it right? Amazing how commentors in forums are so quick to blast people in jobs who may earn between 30-60K/yr and go on strike for more equitable and fair treatment, yet somehow will say that these Exec's DESERVE this compensation. How fucked up and screwed up are our priorities?

Simba7

I Void Warranties

join:2003-03-24

Fromberg, MT 2 recommendations Simba7 Member The bubble will burst.. ..eventually.. Then the real storm begins. Slyster

join:2015-01-08

Sugar Grove, VA 2 recommendations Slyster Member Where is that graph? That compared how much executive / ceo pay has skyrocketed compared to company workers? Figured someone would have posted that by now.