Ten Network has extended the contract of chairman Nick Falloon until August 31, 2008 and raised his base salary and superannuation from $1.45 million in 2003-04 to $2 million. His salary will increase by not less than inflation each year. Mr Falloon, who joined Ten in February 2002 after leaving PBL in 2001, can also earn annual bonuses of $1.5 million in cash and $1.5 million in shares if yearly targets are met. Neil Shoebridge
