It pays to be in TV. On the list of 10-best paid CEOs of 2012 — the exclusive club inside an already-exclusive club — half are in the entertainment and media industry, according to executive pay research firm Equilar. The median pay for all CEOs in 2012 was $9.7 million. Top 10 of 2012: 1.Leslie Moonves, CBS, $60.3 million, down 12 per cent 2.David Zaslav, Discovery Communications, $49.9 million, down 5 per cent 3.Bob Iger, Disney, $37.1 million, up 18 per cent 4.Philippe Dauman, Viacom, $33.4 million, down 22 per cent

SANTIAGO (Reuters) - A magnitude 6.8 earthquake struck off the coast of Chile on Monday, the U.S. Geological Survey said, but Chilean emergency authorities said they saw no prospect that the tremor would generate a tsunami. The quake struck 400 miles west of Puerto Aisen at a depth of 6.2 miles, the USGS said. It said the quake had occurred at 5:49 a.m. Chile time (0943 GMT)

By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc <GS.N> shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johnson, Glass Lewis said, because of his position as chair of the compensation committee and prior roles at public companies that suffered financial issues and scandals.

BERLIN - The German government plans to give companies' shareholders a greater say in setting managers' pay. The proposal follows a similar decision by voters in neighbouring Switzerland this year and comes as Germany prepares for national elections. The plan, approved Wednesday by Chancellor Angela Merkel's Cabinet, foresees obligatory, binding votes at publicly listed companies' annual general meetings on the pay system and levels for managers.