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CBS chief Leslie Moonves accused of sexual misconduct in Ronan Farrow article

CBS chief Leslie Moonves accused of sexual misconduct in Ronan Farrow article

CBS said in a statement that it takes each report of misconduct very seriously but it does not believe "the picture of our Company created in The New Yorker represents a larger organization that does its best to treat its tens of thousands of employees with dignity and respect".

One of the women is actress Illeana Douglas, who says that she encountered Moonves when she worked on a comedy pilot for the network in 1996. Those were mistakes, and I regret them immensely.

Farrow, the reporter who won a Pulitzer Prize for breaking news of Harvey Weinstein's alleged pattern of rape and sexual assault, is said to have investigated Moonves and the environment at CBS for months, as rumors swirled through the industry that such an article was in the works. She signed a holding deal with CBS in 1996, and was cast in the sitcom Queens, when Moonves called her in for a meeting. Farrow wrote that four women alleged forcible touching or kissing and two alleged sexual misconduct or harassment.

Viacom declined to comment on the claims against Moonves.

But he said he respected the principle "that "no" means 'no, '" and had never misused his position to harm anyone's career. "The Independent Directors of CBS have committed to investigating claims that violate the Company's clear policies in that regard", the statement said. When that investigation is finished, the board will "take appropriate action", it said.

Shares of US television network CBS Corp tumbled 6.3 percent to $53.88 midday on Friday after the Hollywood Reporter said that the New Yorker magazine would soon publish a claim that CBS chief executive officer Les Moonves has been accused of sexual harassment.

Moonves is one of the most powerful men in Hollywood and is known for his ability to pick hit shows. CBS has been the most-watched network in the USA for most of the past decade, relying on a broad line-up of comedies, procedural shows like "CSI" and live sports to successfully navigate a turbulent era in the media business. He was CEO of Warner Bros TV during the 1990s when the studio created two of the biggest shows in TV history, "Friends" and "ER".

Moonves, who is also a former actor, has surrounded himself with women at the top echelons of his company.

Moonves
Leslie Moonves arriving at the annual Sun Valley media conference on July 11

He was promoted to president and CEO of CBS Television in 1998, and became chairman in 2003. Only Ross remains with the company. "But it's also a story about dozens and dozens of sources who told us that a culture of harassment and retaliation had permeated various facets of his company", he said.

On Friday, shares of CBS dropped 6 percent on the stock market ahead of the report's publication.

That made him one of the highest-paid CEOs in the country a year ago, according to an Equilar review of S&P 500 companies. I fully support my husband and stand behind him in this statement.

CBS said its current "management team has the full support of the independent board members" in the ongoing litigation involving National Amusements.

It remained unclear what impact the reports would have on a legal battle for control of the United States television giant - between the Redstone family, which controls CBS, and the board, chaired by Moonves.

Moonves has been married to Julie Chen, a CBS news anchor and TV host, since 2004.

Moonves said at the time of the rumors, "anybody that knows my wife knows she would never say that".

Moonves joined CBS in 1995 and took the network from last to first place with steady procedural hits like "CSI" and "NCIS".

Manchester United to rival Arsenal for Croatian forward
United have again based themselves in the USA this summer, the fourth time in five years they have travelled to the States ahead of the new season.


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