Media: The Week in Media

BSkyB's CEO Jeremy Darroch was paid a total of £2.7m in the 12 months to 30 June 2011, as the company's pre-tax profits fell by 14.8 per cent to £1.014m.

James Murdoch, whose position as Sky chairman has come under increasing pressure since the escalation of the hacking scandal, was paid £88,800 for his duties in the same period, up 1.5 per cent year on year.

Future chief executive Stevie Spring and finance director John Bowman have resigned with immediate effect from their positions at the specialist publisher. In a statement released last week, recently appointed chairman Peter Allen said the restructuring had allowed the board to achieve substantial savings 'by eliminating an entire tier of corporate overhead'.

City AM, London's free business newspaper, has brokered a deal with European investment bank Societe Generale to launch the Market Master Challenge. The online challenge allows readers to invest a virtual pot of £100,000 across Societe Generale's products.

Mirror Group Digital traffic, which includes and, fell 15.34 per cent to 606,268 in September, according to the latest ABC figures. It was the only national newspaper website to suffer a double-digit fall on the previous month.

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