Liberty’s Maffei paid $30.2M in 2016

Liberty Global

Reporting compensation that is now midrange by cable industry standards, Liberty Media disclosed on Thursday that top executive Greg Maffei was paid $30.2 million across the four Liberty units he oversees.

Wearing the hat of President and CEO of Liberty Media, Maffei received a 40% pay raise to $13.6 million, with $6.9 million of that coming from stock compensation awards, and another $5 million arriving from a non-equity investment plan.

At Liberty Interactive, Maffei will have to tighten his belt after receiving a pay cut from $14.9 million in 2015 to just $13.3 million. Maffei received no compensation from Liberty Broadband after taking home $2.3 million in 2015. He was also unpaid at Liberty TripAdvisor after receiving $25.1 million in 2014.

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Factoring in board fees, his total compensation rose to $30.2 million, up from $27 million in 2015.

Liberty Chairman John Malone’s compensation was listed at $747,156.

The compensation figures came from a company filing obtained by The Hollywood Reporter.

Related: Charter’s Rutledge paid $98.5M in 2016

Last month, it was reported that Charter Communications Chairman and CEO Tom Rutledge received total compensation of $98.5 million. Liberty Broadband is the controlling shareholder for Charter.

Related: Sling TV’s Lynch beats out Ergen as highest paid Dish exec at $4.2M

Among other salaries disclosed in the broader telecom industry, Dish Network also revealed last month that Sling TV CEO Roger Lynch was its highest paid exec in 2016, taking home $4.2 million.

Dish Chairman and CEO Charlie Ergen reported compensation in 2016 of $1.656 million. 

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