New Viacom pres/CEO Philippe Dauman will receive an annual salary of $2mln, and he’ll be eligible for a target bonus of $7mln each year (maximum bonus would be $14mln). He also receives stock options valued at $12mln, according to an SEC filing. Ousted pres/CEO Tom Freston received a $5.3mln base salary and a $13mln bonus in 2005. Newly named chief admin officer Thomas Dooley gets a $1.6mln base salary, eligibility for a $5.6mln target bonus and stock options valued at $9.6mln. — Cablevision subsidiary CSC Holdings announced it will further extend until Oct 10 its offer to exchange up to $500mln aggregate principal amount of its 6-3/4% Senior Notes due ’12 (Cfax, 8/17) for an equal aggregate amount of its registered 6-3/4% Series B Senior Notes due ’12. The notes were initially issued and sold in a private placement in April ’04.

The Daily


Celebrating the FAXIES

While Cablefax may have had to cancel our June event due to the pandemic, the team pivoted to celebrate the Cablefax 100, Top Ops, Work Culture and FAXIES during a virtual event on Tuesday.

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