Dauman received compensation valued at $84.5 million for the company's 2010 fiscal year (which was only nine months long because of a change in its financial reporting calendar), up from $34 million in 2009, making him the nation's highest-paid CEO across all industries, not just media and entertainment.
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Viacom CEO Philippe Dauman defended the controversial copyright legislation known as PIPA as “reasonable” and said a “mob mentality” damaged efforts to pass it.
Speaking at the D: Dive Into Media conference in Laguna Niguel on Tuesday, Dauman said that the House’s SOPA, the Stop Online Piracy Act, was so thoroughly demonized that it made passage of the Senate’s PIPA, Protect IP Act, too difficult a task.
“I think the bill that would have emerged would have been very reasonable,” said Dauman. “It became almost religious dogma that any legislation built around the process would have broken the Internet and created cesnorship around the world.”
PIPA and SOPA would have, in a nutshell, required that Web sites not link to sites “dedicated to the theft of U.S. property.” The language also put restrictions on online advertising and credit card payments and made further demands on record keeping, making the would-be laws unpalatable to Wikipedia, Google and other popular sites that rallied their users to oppose the legislation.
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