Media firms to address shareholders

May 27, 2009 Executive pay, shareholder returns and signs of a possible advertising market stabilization are likely to be in focus as several entertainment biggies host their annual shareholder meetings the next couple of weeks. Indeed, executive pay is one issue that won't go away on Wall Street and Main Street, with investors -- wounded by the sharp stock market declines amid the global financial crisis -- looking for accountability. "Say on pay remains the leading shareholder proposal topic," said Pat McGurn, special counsel at RiskMetrics Group's ISS Governance Services unit.

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