Comcast Extends Michael Cavanagh's Contract Through 2029, Grants Exec Stock Worth $35 Million [Yahoo! Finance]
Paramount Skydance Corporation - Class B (PSKY)
Company Research
Source: Yahoo! Finance
Under the terms of the agreement, Cavanagh will be entitled to an annual base salary of $2.75 million and annual performance-based cash bonus target will continue to be 300% of his base salary. More from Variety Comcast's Versant Spin-Off From NBCU Set to Close in January Paramount Skydance's Latest Bid for Warner Bros. Discovery Backed by Three Middle Eastern Wealth Funds Warner Bros. Discovery Asks for Higher Second-Round Acquisition Bids Due Dec. 1 In addition, Comcast awarded Cavanagh performance-based restricted stock units valued at about $35 million, which will vest after a three-year period (upon satisfaction of both time-based and performance-based conditions), the company disclosed in an SEC filing. Next month, Cavanagh will become co-CEO of Comcast alongside Brian Roberts , son of Comcast's founder and the company's chairman. It's a move that seems to set a succession plan for Roberts' role as CEO. Also next month, Comcast is spinning off CNBC, MS NOW (former
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News
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- Warner Bros. Discovery confirms receipt of amended offer from Paramount Skydance [Yahoo! Finance]Yahoo! Finance
- Maury Povich breaks with wife Connie Chung over new CBS News leadership, takes 'wait and see' approach [FOX News]FOX News
- Paramount Jumps After Ellison Backstop [Yahoo! Finance]Yahoo! Finance
PSKY
Earnings
- 11/10/25 - Miss
PSKY
Sec Filings
- 12/22/25 - Form 8-K
- 12/8/25 - Form DEFA14A
- 12/8/25 - Form 8-K
- PSKY's page on the SEC website