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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National Amusements president Shari Redstone reportedly asked about sexual misconduct allegations against Les Moonves months before they were published. Now that Moonves is out, Redstone reportedly said she won't pursue a CBS-Viacom merger 'for at least two years.'

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The entire $CBS Board should be replaced. This action alone (in my opinion) depicts why Moonves should not receive one penny in severance comp.

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Shari Redstone calls a truce on CBS-Viacom merger after Moonves exitCNBC's Jane Wells reports on the latest at CBS as CEO Les Moonves is out of the company and National Amusements' fight with the board.
Source: CNBC - 🏆 12. / 72 Read more »