Business News - BBC raises come despite of scandals

Most individuals currently
saving for retirement may
qualify for a precious metal
IRA or 401(k) however, many
are not aware this choice
even exists.

Learn More HERE

ArcaMax Publishing > Business News

Your email address is safe with us. View our Privacy policy.

Free Financial Tools:

Start planning your financial future with our free financial tools & calculators.

The Funnies:

Get free jokes, comics, and more! See them all on
our funnies page

Books:

Read the classics online or by email. More details on the books page

BBC raises come despite of scandals

LONDON (UPI) -- A year of scandals did not stop the British Broadcasting Corp. from awarding senior executives hefty pay raises, observers said.

BBC's Director of Vision Jana Bennett's salary increased 24 percent from $851,000 per year to $1.05 million in 2007 despite a scandal involving a trailer for a documentary that wrongly suggested the queen angrily left a photography session with celebrity photographer Annie Leibovitz, The Daily Telegraph reported.

Departing Jenny Abramsky, director of Audio and Music, was given a 27 percent raise to $823,000 per year despite scandals in both radio and television programming, The Telegraph reported.

The raises were made public as the BBC cut 2,500 jobs and most staff were given 4 percent raises for the year, the report said.

But, BBC Director-General Mark Thompson said executive salaries at the BBC were "a tiny fraction" of pay in commercial television.

Executives involved in the scandals also saw bonuses cut by as much as 40 percent, he said.

Copyright 2008 by United Press International

This news arrived on: 07/08/2008

Share this Story