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phwin9 More cash is set to flow for Paramount Global executives as the company said two will each receive bonuses of $1 million when the company’s sale to Skydance closes as part of a “transaction award program.” Doretha Lea, EVP, Global Public Policy and Government Relations, and Nancy Phillips, EVP, Chief People Officer are eligible for the payouts, which are contingent on the deal closing to “ensure the successful operation of the Company during the period prior to the completion of the Transactions and to promote the retention of certain key employees through the closing date,” Paramount said in an SEC filing this afternoon. The execs must obviously be working at the company when the sale goes through. Skydance’s $8 billion acquisition of Paramount from Shari Redstone is expected to close in the first half of 2025 . Last month, the company granted its trio of co-CEOs , Chris McCarthy, George Cheeks and Brian Robbins, new grants of restricted stock valued at $3 million. It also said the enhanced compensation, which previously had been set to continue only as long as they were in the Office of the CEO, would apply for the duration of their employment with Paramount in any capacity, CEO or not — so if they were demoted. The trio’s compensation was sweetened in June to reflect their new roles, including an increase in their target annual cash bonuses under the company’s short-term incentive plan by an additional 100% of their annual base salaries. Paramount has been shedding staff ahead of the merger to cut $500 million in costs. A number of board members have exited ahead of the deal’s close.Inquirer files MANILA, Philippines — The Commission on Elections (Comelec) on Saturday reminded candidates running in next year’s midterm polls that they have less than a week to register their online campaign platforms. Comelec Chair George Garcia, in a Viber message to reporters, said 27 out of 66 senatorial aspirants and 117 out of 156 party list groups have registered their online campaign platforms using a portal set up by the poll body’s Education and Information Department (EID). There are also 4,359 local aspirants who have registered their online campaign platforms. READ: Over 3,900 online registrations for digital poll campaign received, so far At total of 2,372 national and local aspirants have also so far transmitted hard copies of their registrations as required by Comelec. Speaking to the media while attending a voter’s education program in Davao City, also on Saturday, Garcia said the poll body is “serious” about registering and monitoring online campaigning, especially through social media. “This is the first time we are going to regulate, at least social media [campaigning], even if it’s not that widespread, by political parties and candidates. At the same time, we will definitely fight fake news, misinformation and disinformation,” Garcia said. Under Comelec Resolution No. 11064 issued last September, all official social media accounts and pages as well as websites, podcasts, blogs, vlogs and other online and internet-based campaign platforms of candidates and parties intending to participate in the 2015 elections must be duly registered with the EID by Dec. 13. Failure to register online media platforms shall result in the filing of a complaint as well as the Comelec’s requesting technology companies and law enforcement bodies to remove, take down or block such platforms. The Comelec earlier created a task force to monitor online campaigning, including the use of artificial intelligence, deep fakes and false amplifiers, in spreading disinformation or misinformation to endorse or campaign against a candidate or political party. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy .

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