CBS probes misconduct allegations towards CEO Moonves amid lawful …

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By Liana B. Baker

(Reuters) – U.S. broadcasting and media corporation CBS Corp explained it was investigating claims of individual misconduct by its chief executive Leslie Moonves produced in a New Yorker journal posting that was printed on Friday.

The allegations in opposition to Moonves surfaced as he is locked in a lawful fight about management of CBS with the firm’s largest shareholder, Nationwide Amusements Inc, owned by Shari Redstone and her father Sumner who also control media business Viacom .

The New Yorker report showcased claims from Moonves from six females spanning diverse time intervals around two a long time, from 1985 to 2006. The allegations bundled sexual assault and unwelcome developments.

Reuters could not independently confirm the accusations against Moonves.

“I identify that there were being occasions many years in the past when I may have made some women of all ages uncomfortable by generating advancements”, Moonves claimed in an emailed assertion to Reuters.

“Those people had been problems, and I regret them immensely,” Moonves said. “But I normally recognized and highly regarded – and abided by the basic principle – that ‘no’ indicates ‘no,’ and I have in no way misused my situation to harm or hinder anyone’s vocation. This is a time when we all are properly concentrated on how we help improve our society, and we at CBS are fully commited to being component of the remedy.”

One particular of the females in the story was determined as actress Illeana Douglas. Douglas’ publicist Danny Deraney confirmed her comments in the story.

“Genuine transform will occur when victims of sexual assaults are not stigmatized as whistle blowers, or folks with some type of agenda for coming forward,” Douglas mentioned in a statement.

“Speaking for myself, actual alter will arise when I can wander by means of the front doors of CBS and resume the inventive and doing work romantic relationship that was so tragically lower brief in 1997,” she extra.

In accordance to the New Yorker, 30 latest and former CBS employees described harassment, gender discrimination, or retaliation for refusing sexual advancements at the firm.

CBS stated in a assertion that it can take each report of misconduct very seriously but it does not feel “the image of our Firm developed in The New Yorker represents a larger sized group that does its most effective to address its tens of thousands of staff with dignity and respect.”

Previously on Friday, before the New Yorker posting was posted, CBS stated in a assertion that its board would immediately review the conclusions and just take suitable action.

Combination WITH VIACOM

Moonves, 68, joined CBS in 1995 as president of CBS Amusement and has been CEO because 2006. He is greatly credited with turning CBS into one particular of the best-performing U.S. media providers.

Moonves clashed with Shari Redstone previously this 12 months above her bid to merge CBS with Viacom Inc, also owned by Countrywide Amusements. Moonves resisted that deal simply because he considered CBS’s prospective customers have been much better with no having on Viacom’s turnaround difficulties.

A CBS board committee in May possibly turned down the probable merger with Viacom and sued to strip Nationwide Amusements of its manage of CBS.

Redstone is difficult a prepare by CBS to difficulty a distinctive dividend aimed at chopping National Amusements’ voting ability in the organization to 17 per cent from 80 per cent. The trial in a Delaware court docket is predicted to start in Oct.

Prior to the story was revealed, a spokeswoman for Countrywide Amusements Inc claimed, “(Shari) Redstone hopes that the investigation of these allegations is comprehensive, open and transparent.” The spokeswoman declined to remark even further. Viacom also declined to comment.

Combining CBS, which owns cable networks together with Showtime as effectively as the CBS Television set Community and CBS Tv set Studios, with Viacom, whose businesses include Paramount Images, Comedy Central, Nickelodeon and MTV, would have extra negotiating leverage with cable and satellite companies, analysts claimed.

Viacom shares finished up 4.5 % at $29.35 on Friday, although CBS shares shut about 6 per cent reduced at $54.01, as traders speculated that the odds of a merger between the two firms experienced enhanced.

#METOO SOCIAL MEDIA Movement

A number of accusations of sexual misconduct against politicians, organization leaders and entertainers in the United States have been designed in the earlier yr, primary to resignations, generally influenced by the #MeToo social motion.

Veteran Tv journalist Charlie Rose, 76, was fired by CBS in November after staying accused by a lot more than 10 girls of sexual misconduct. Rose apologized for inappropriate actions but questioned the accuracy of some of the accounts. Reuters could not independently confirm the accusations.

Moonves has been married considering that 2004 to Julie Chen, a CBS information anchor and Television set host. Chen tweeted on Friday that she stands by Moonves and that he is a “great guy and a loving father, devoted husband and inspiring company chief.”

The author of the New Yorker post, Ronan Farrow, beforehand has published stories that contributed to the resignation of Hollywood film producer Harvey Weinstein from his movie and Tv studio.

Much more than 70 girls, primarily actresses and other women employed in the movie small business, have accused Weinstein of sexual misconduct, which includes rape, in a series of incidents courting again many years. Weinstein has denied the accusations.

(Reporting by Liana B. Baker in New York Extra reporting by Vibhuti Sharma and Sonam Rai in Bengaluru and Lisa Richwine in Los Angeles Editing by Clive McKeef)

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