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.

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NARB Suggests AT&T Ad Change

The National Advertising Review Board suggested AT&T clearly and conspicuously disclose its material connection to Global Wireless Solution when claiming it is the “Best Network” based on GWS testing

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