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CBS' Leslie Moonves Pay Drops to $62.2 Million in 2012
By Georg Szalai ,  The Hollywood Reporter

The Hollywood Reporter -- CBS Corp. president and CEO Leslie Moonves' 2012 compensation amounted to $62.2 million, down 11 percent. His pay, disclosed in a regulatory filing on Friday, compares with $69.9 million in 2011 and $57.7 million in 2010.

STORY: Dish Network's Charlie Ergen Made $1.3M in Total Compensation in 2012

By comparison, the compensation for Philippe Dauman, the CEO of Viacom, which, just like CBS Corp., is controlled by Sumner Redstone, amounted to $33.5 million for the firm's fiscal year ended Sept. 30. That was a decline of 22 percent after special items had boosted his pay package a year earlier. CBS Corp. is the latest entertainment giant to disclose executive pay for last year. Cablevision Systems, for example, had said Thursday that CEO Jim Dolan saw his 2012 compensation jump 47 percent to $16.9 million. STORY: DirecTV CEO Mike White's 2012 Compensation Triples to $18 Million

The stock of CBS last year rose 42 percent, making it one of the best entertainment industry stocks.

Email: Georg.Szalai@thr.com

Twitter: @georgszalai

Related article on THR.com:

Discovery CEO Makes $49.9 Million for 2012

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