Rupert Murdoch's daughter Elisabeth Murdoch collected $214 million from the sale of her British TV production company, Shine Group, to her father's media company earlier this year.
In April, News Corp. paid $675 million to buy Elisabeth Murdoch's 10-year-old company Shine, which produces such TV programs as "The Biggest Loser" and "MasterChef." Of that amount, approximately $480 million was earmarked for Shine's equity partners, News Corp. said in its annual report filed Monday with the Securities and Exchange Commission.
Until now, it was unclear exactly how much Elisabeth Murdoch made on the sale.
Elisabeth Murdoch was the majority shareholder, owning 53% of Shine, a company that she steadily built by acquiring small TV production companies in various countries. In 2008 she bought U.S.-based Reveille, which produces "The Office" for NBC.
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