CBS reportedly dropped the ball on sexual misconduct allegations against Les Moonves because a bitter fight with its parent company led to years of mistrust - Creak News

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CBS reportedly dropped the ball on sexual misconduct allegations against Les Moonves because a bitter fight with its parent company led to years of mistrust

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  • CBS may have missed an opportunity to get ahead of sexual misconduct allegations against its ousted chief Les Moonves because of the well-publicized power struggle between Moonves loyalists and Shari Redstone, president of the CBS parent company, National Amusements.
  • According a Wall Street Journal report published Monday night, Redstone asked members of CBS' board of directors about allegations against Moonves in January.
  • The board brushed off the concerns, as did Moonves when Redstone spoke to him directly, The Journal said, citing sources familiar with the conversations.
  • Those bombshell accusations came to light via a New Yorker exposé in July. New allegations emerged on Sunday, forcing Moonves to step down as CEO of CBS Corporation.
  • Redstone and Moonves had been in a long-playing fight over the future of CBS, raising the possibility that the network could rejoin Viacom in a merger now that Moonves is gone. The Journal's report Monday night indicates Redstone will hold off on that "for at least two years."

New details about the events that led up to Les Moonves' resignation from CBS Corporation emerged on Monday night.

A report from The Wall Street Journal, says Shari Redstone, the president of CBS' parent company, National Amusements, was asking members of the network's board of directors about a police inquiry into sexual misconduct allegations against Moonves in January.

See the rest of the story at Business Insider

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SEE ALSO: CBS has a new interim CEO after Les Moonves' resignation, but an industry analyst says he'll be gone by the end of 2018



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