News

CBS CEO will keep the top job but still get $100 million in severance

Media giants CBS and Viacom are planning to rejoin after years apart. Although Viacom’s CEO will lead the new company, CBS chief Joe Ianniello will stay on and get a hefty severance to sweeten the deal, Anders Melin and Lucas Shaw reported for Bloomberg. Ianniello has been acting CEO since […]
CBS CEO will keep the top job but still get $100 million in severance
News

Viacom’s Pluto TV has launched a new conservative channel, but Shari Redstone says she’s not planning a Fox News TV rival

The Hollywood Reporter reported on Tuesday that National Amusements president Shari Redstone, who controls Viacom and CBS, is exploring options for a conservative-leaning news network that would compete with Fox News. Representatives for National Amusements and Viacom denied such a plan to Business Insider. A Redstone spokesperson denied the report […]
Viacom’s Pluto TV has launched a new conservative channel, but Shari Redstone says she’s not planning a Fox News TV rival
News

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

CBS may have missed an opportunity to get ahead of sexual misconduct allegations against its ousted chief Les Moonves because of the well-publicised 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 […]
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