How serious was Sumner Redstone about getting Viacom’s share price up? So much so that the Viacom chmn is taking a pay cut (a feat probably made easier by the $56mln he pulled in 2 years ago). His salary will go to $1mln from $1.75mln as part of the company’s plans to link exec pay to share price. Gone is his $1.3mln in deferred compensation, and his target cash bonus goes to $3.5mln/year from $6.1mln. Instead, Redstone will get an annual $6mln in stock-based compensation.

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Thursday–September 24

Public Knowledge Stands Against NCTA in Maine

Public Knowledge filed an amicus brief at the 1st US Circuit Court of Appeals Wednesday in NCTA ’s challenge to the PEG provisions of Maine’s cable statute. Maine law requires cable operators to place PEG

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