Rupert Murdoch's pay drops to $28.9 million in 2013

Rupert Murdoch’s pay drops to $28.9 million in 2013

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Fox News Channel Chairman and CEO Roger Ailes received a $21-million pay package in 2012. He’s held these positions since 1996 and was formerly president of CNBC. (Jennifer S. Altman / For The Times)

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Jeff Bewkes, CEO of Time Warner Inc., received a compensation package of $25.9 million in 2012. Prior to this position, Bewkes was the CEO of HBO. (Evan Agostini / Associated Press)

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Thomas Dooley is the COO of Viacom Inc. He and Viacom Inc. CEO Philippe Dauman co-ran the private equity firm DND Capital Partners prior to their positions at Viacom Inc. (Kevin Winter / Getty Images)

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Brian Roberts, CEO of Comcast Corp., received a compensation package of $29 million in 2012. Roberts is chairman of the board of directors of the National Cable & Telecommunications Assn. (Suzanne Plunkett / Associated Press)

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Rupert Murdoch, CEO of News Corp., received a compensation package of $30 million in 2012. Despite legal controversy, Murdoch continues to dominate large portions of the media. ( Facundo Arrizabalaga / EPA)

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Philippe Dauman, CEO of Viacom Inc., received a compensation package of $33.4 million in 2012. Prior to this position, Dauman ran his private equity firm, DND Capital Partners. (Rajesh Nirgude / Associated Press)

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David Zaslav, CEO of Discovery Communications Inc., received a compensation package of $49.9 million in 2012. Zaslav was formerly president of cable and domestic TV and new media distribution at NBCUniversal. (Nati Harnik / Associated Press)

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Sumner Redstone is the executive chairman of Viacom Inc. and CBS Corp. He began building his empire at 64 years old and is still at it. His stock holdings in CBS Corp. are worth about $2.2 billion, and his holdings at Viacom Inc. are worth nearly 2.9 billion. He recently celebrated his 90th birthday. (Lawrence K. Ho / Los Angeles Times)

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Leslie Moonves of CBS Corp. tops the list as the highest-paid media CEO. He received a $27-million bonus in 2012. (Evan Agostini / Associated Press)

By Meg James

Aug. 30, 2013 8:20 AM PT

21st Century Fox Chief Executive Rupert Murdoch’s overall compensation declined slightly in fiscal 2013, to $28.9 million.

During the previous year, Murdoch had a $30-million compensation package. That was nearly 10% lower than his fiscal 2011 earnings of $33.3 million.

Despite the dip, Murdoch’s annual base salary remains the highest in the industry, at $8.1 million. During the past year, Murdoch’s bonus was divvied up into two categories: stock awards, which were valued at $5.1 million, and a performance-based cash bonus of $12.5 million.

PHOTOS: Highest-paid media executives of 2012

Murdoch’s 2013 compensation was almost the same amount he paid to acquire a 16-acre trophy property in Los Angeles, the Moraga Vineyards estate.

The 82-year-old media baron’s $28.8-million purchase of the winery in the hills above Bel-Air, visible from the 405 Freeway, was finalized earlier this week.

The media company released its proxy Friday morning.

Murdoch’s second-in-command, Chief Operating Officer Chase Carey, saw his overall compensation swell to $27 million for fiscal 2013. That represented a 9% boost over the previous year.

In fiscal 2012, Carey garnered a package valued at $24.8 million. Carey’s annual base pay is $4 million.

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Fox’s compensation committee lauded Carey for his “exceptional management” leading up to the June 28 breakup of the media company and the spin-off of the publishing properties.

Murdoch’s youngest son, James Murdoch, who is the media company’s third-ranking officer, collected a package valued at $17 million. That was up slightly from his fiscal 2012 compensation of $16.8 million.

21st Century Fox’s fiscal year runs from July 1 through June 30.

The company’s stock was up 46% during the last fiscal year.

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Twitter: @MegJamesLAT