• Associated Press, Thursday, August 21, 2008 9:46 AM

Rupert Murdoch, chief of News Corp., received compensation valued at $30.1 million this year, an increase of 24% from last year. The bulk came from a nonstock incentive bonus of $17.5 million, up 11% from the $15.8 million he got in fiscal 2007. News Corp's 2008 net income rose 57% this year on the strength in its cable networks and film business.

However, the company's shares fell 54% in the same period, as investors soured on media companies affected by the shift in ad spending to online from traditional media sources.

Murdoch also received $403,169 in perquisites -- 13% more than in 2007 -- primarily for personal use of the company's jet and car services.

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