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2019 U.S. Media Spencer Stuart Board Index

The boards of media companies — from online giants to book publishers to TV networks — continue to evolve in the face of headwinds impacting business.

The fourth annual U.S. Media Spencer Stuart Board Index examines emerging trends and issues in board composition, board practices and director compensation for 49 publicly held U.S media companies.


2019 Snapshot


Average media board size


Media boards that added new directors — down from 52% in 2018


Media board directors who are independent


Average age of media board directors


Media boards with at least one female director


Media boards that report a mandatory retirement age


Average percentage of director compensation that comes as stock awards or option grants


Average per-director compensation