SBS and Raul Alarcon re-up

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Raul AlarconSpanish Broadcasting System CEO Raul Alarcon has signed a new contract that will keep him there until December 2018. According to the regulatory filing, new contract will pay him $1.75 million per year with the potential to earn an annual performance bonus of up to $750K. Alarcon has also been awarded a signing bonus totaling to $1,616,668, to be be paid out over the next 28 months.