MEDIA LENS: Correcting for the distorted vision of the corporate media

January 10, 2008 — Media Lens

If “The wages of sin is death”, the returns must seem altogether less bleak to Tony Blair. In November, Blair was reported to have received £237,000 for a 20-minute speech before an audience of Chinese entrepreneurs. While his salary as prime minister was £186,429 a year, it now takes him two high-profile speeches to earn the same amount. Analysts estimate that he could earn £3m simply by speaking 50 nights a year. Blair will also supplement his income as an adviser to international investment bank JP Morgan – a job that could net him £500,000 a year. This is all in addition to the £4.5m he is being paid for his memoirs.

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