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Les Moonves, the former president and CEO of CBS, tried to influence now-retired LAPD Captain Cory Palka amid a sexual assault investigation against the executive, new documents from the Los Angeles City Ethics Commission found. The legal documents, made public on Friday and obtained by NBC4, revealed that Moonves agreed to pay an $11,250 fine…
Julie Chen Moonves said she questioned her husband, Leslie Moonves, over the 2018 sexual abuse allegations that resulted in his resignation as CBS CEO and disputed a previous statement that she made the decision to leave The Talk after a decade as co-host. Chen Moonves opened up about both topics, while also declining to discuss…
CBS Exec Who Helped Les Moonves Counter Misconduct Allegations Is Out CBS announced that Ian Metrose, its longtime senior vp talent relations and special events, is leaving the network. The executive, who’d spent two decades at the company, has been under scrutiny since a New York Attorney General’s report in November 2022 revealed how he…
“CBS, Leslie Moonves to pay $30.5 for covering up sexual assault allegations” CBS and its former Chief Executive Officer Leslie Moonves have been ordered to pay $30.5 million dollars — mostly to shareholders — for insider trading and covering up multiple sexual assault allegations against Moonves, New York Attorney General Letitia James announced on Wednesday….
“CBS settles shareholder #MeToo suit for $14.75M” CBS parent Paramount Global has agreed to pay $14.75 million to shareholders who claimed that the media giant’s failure to disclose sexual misconduct allegations against former CEO Les Moonves “artificially inflated” the value of its stock. According to Reuters, lawyers for Paramount Global, Moonves and the plaintiffs filed a proposed settlement agreement…
“#ViacomCBS mulled sale of NYC Broadcast Center in bid to raise cash” CBS earlier this year mulled selling its sprawling New York-based CBS Broadcast Center in Manhattan’s Hell’s Kitchen neighborhood, sources told On The Money. A source told The Post that the company had “looked at” selling the Broadcast Center — located at 524 West…
“#Shari Redstone’s ViacomCBS mega-merger a mess” A few years ago, it seemed that Shari Redstone hit the jackpot: Not only did she finally get rid of her chief tormentor in Les Moonves, she also pushed through a long-sought formal merger of the two companies she controlled, CBS and Viacom. The merger was a career moment…
“#Amid mega-mergers and acquisitions, ViacomCBS may be in play” In the world of mergers and acquisitions, Wall Street bankers have an old saying: “Everyone talks to everyone.” The cliché describes those preliminary M&A powwows between CEOs that are so commonplace, you probably shouldn’t label them “deal discussions.” Except on those occasions when they deserve that…
“#Les Moonves waves goodbye to $120M exit package, ViacomCBS says” Disgraced ex-CBS chief executive Les Moonves has agreed to walk away from the $120 million exit package he lost when he was fired in 2018, ViacomCBS said. In a Securities & Exchange Commission filing on Friday, the company behind “SpongeBob SquarePants” and “NCIS” said its…
“#Former CBS stockholders can sue Shari Redstone over ViacomCBS merger” CBS shareholders can pursue a lawsuit over the 2019 merger of Viacom and CBS, a Delaware judge ruled late Thursday. Shari Redstone, the daughter of late media mogul Sumner Redstone, and former acting chief executive of CBS Joe Ianniello are at the center of the…