CBS Board to Investigate Allegations of Misconduct by CEO Leslie Moonves

Julie Chen

CBS investigates Les Moonves amid misconduct allegations | Media

The New Yorker had declined to comment, citing its policy of not commenting on reporting efforts before publication. CNN has not independently confirmed the allegations.

He is also married to Julie Chen, the host of two shows on the network, "The Talk" and "Big Brother".

"I have known my husband, Leslie Moonves, since the mid-90s, and I have been married to him for nearly 14 years", she wrote. Moonves's assistant, she said, had left the desk outside his office before the meeting began, something she noticed after she left.

"In a millisecond, he's got one arm over me, pinning me", she said, describing his actions as "violently kissing".

Shares in CBS tumbled when the reports of the misconduct allegations began to circulate around noon Friday, as investors anxious that Moonves might be forced to step down.

Other accusers in the story include "How to Lose a Guy in Ten Days" producer Christine Peters, who claims Moonves stuck his hand up her skirt, and "a prominent actress who played a police officer on a long-running CBS program" who says he shoved his tongue down her throat. Those were mistakes, and I regret them immensely. But I always understood and respected-and abided by the principle-that "no" means 'no, ' and I have never misused my position to harm or hinder anyone's career.

"We are seeing vigorous discourse in our country about equality, inclusion, and safety in the workplace, and CBS is committed to being part of the solution to those important issues".

In the lawsuit, Moonves and CBS said that the merger "is not in the best interests of CBS stockholders".

Months after CBS fired Charlie Rose over sexual misconduct allegations that have been echoed by dozens of women, the network's head is now the subject of similar accusations.

It was not clear when exactly the New Yorker would publish its story or what its contents would be. Redstone and Moonves are in the midst of a legal battle for control of CBS Corp. They closed down 6 percent, the company's worst one-day loss in more than six years. All of them worked their way up the ranks and are now managers of our broadcast. The New Yorker story is written by the magazine's Ronan Farrow, who has been key in revealing entertainment and political figures accused of sexual misconduct, including Harvey Weinstein.

"All allegations of personal misconduct are to be taken seriously", the statement reads.

News about the report against Moonves sent the company's shares tumbling on Friday afternoon. In 2006, Viacom spun off CBS Corporation as its own publicly traded entity, and Moonves became its president and CEO. Instead, CBS has outperformed its corporate sibling by leaps and bounds. Before making the move to business, Moonves was an actor.

A person "familiar with the situation" told The Wall Street Journal that CBS has no plans to sideline Moonves during its investigation. It gave a nod to his "stellar reputation" with investors. The most recent allegation was from 2017.

Ms Redstone and Mr Moonves are now battling in the courts as he tries to thwart her plan to merge the two companies. CBS sued REDSTONE to prevent her from attempting to take control by ousting directors or changing bylaws.

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