Klayman: This Is Total BS: Fox News Execs Are Already Multi-Millionaires and the Network Is Profiting Over the Virus!
By Brian Flood
April 22, 2020
Fox Corporation CEO Lachlan Murdoch announced on Wednesday that 700 senior members of the company would forego, or take reduced, salaries amid the ongoing coronavirus pandemic so that other employees can continue to receive salaries and "FOX comes out of this crisis as an even stronger" when things get back to normal.
"While we don't know exactly when we will return to normal and full operations across the company, we have decided to take several new actions to ensure that we remain strong and are well-positioned when this crisis recedes," Murdoch wrote in a memo to staffers. "To that end, the most senior members of our company will be reducing their salaries so that, to the greatest extent possible, we are able to protect our full-time colleagues with salary and benefit continuation during the period we are most affected by the crisis."
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