CBS inked pres/CEO Les Moonves to a new employment agreement, extending his tenure through Sept ’11 with a $3.5mln annual salary and a one-time option to purchase 5mln shares of CBS Class B Common Stock. — Fox Reality promoted Noel Siegel to vp, production and development. — Discovery Comm appointed Douglas Craig svp, digital media operations. — Comcast Interactive Media named former Turner Sports exec Scott Bailey svp/GM, Comcast.net.

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Wrestlepalooza: ESPN Is New WWE Home, But Not For All Pay TV Subs

ESPN will air “Wrestlepalooza,” its first WWE premium live event [PLE], on Saturday, but not all ESPN subs will have access to the event.

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