CBS News president steps down, replaced by veteran producer
NEW YORK (AP) — CBS said Sunday that its news division president, David Rhodes, is stepping down following a troubled year that saw morning anchor Charlie Rose and the top executive at "60 Minutes" lose their jobs following misconduct reports, and is being replaced by veteran producer Susan Zirinsky.
Zirinsky, who started work at CBS in the Washington bureau as a 20-year-old in the early 1970s and is currently the executive producer at "48 Hours," will take over in March.
Correction: CBS-Parsons story
In some versions of a headline on a story Oct. 21 and 22 about an interim CBS chairman resigning, The Associated Press erroneously reported the last name of the chairman. It's Parsons, not Parson.
A corrected version of the story is below:
Parsons resigning from CBS board for health reasons
Richard Parsons resigning from CBS Corp. board of directors; Zelnick named new interim chairman
CBS’ Julie Chen leaves daytime’s ‘The Talk’ in taped message
NEW YORK (AP) — Julie Chen announced Tuesday that she was leaving the cast of the CBS daytime show "The Talk" a week after her husband, CBS Corp. boss Leslie Moonves, was ousted from the company due to sexual misconduct allegations.
Chen hadn't appeared on the show during its season-opening week last week. She wasn't on the set Tuesday, either, making her announcement via a taped message from the set of "Big Brother," the prime-time CBS show that she also hosts.
A CBS network shaped by Moonves is challenged without him
NEW YORK (AP) — For the past two decades, CBS may just as well have been called the Moonves Broadcasting System. Now it's time to move on.
Moonves, who was ousted over the weekend as head of CBS Corp. amid a continuing investigation into allegations of sexual misconduct, began working as the network's entertainment division president in 1995 and built it into the corporation's profitable crown jewel.
’60 Minutes’ chief Jeff Fager fired over policy violation
NEW YORK (AP) — CBS News on Wednesday fired "60 Minutes" top executive Jeff Fager, who has been under investigation following reports that he groped women at parties and tolerated an abusive workplace.
The network news president, David Rhodes, said Fager's firing was "not directly related" to the allegations against him, but came because he violated company policy. A CBS News reporter working on a story about Fager revealed that he had sent her a text message urging her to "be careful."
BEVERLY HILLS, Calif. (AP) — CBS' entertainment chief fielded a barrage of questions about sexual harassment at CBS Corp. during a session with reporters intended to promote the network's fall TV schedule.
The network's presentation Sunday to the Television Critics Association summer meeting came amid allegations against CBS Corp. CEO Les Moonves.
LOS ANGELES (AP) — Prosecutors in Southern California declined to pursue sexual abuse claims against CBS Corp. CEO Les Moonves because the statute of limitations has expired, according to documents.
The unidentified woman, who worked in the television industry, went to Los Angeles police in February to report three alleged incidents, two in 1988 and one from 1986.
NEW YORK (AP) — CBS said Friday it is investigating personal misconduct claims after the company's chief executive, Les Moonves, was the subject of a New Yorker story detailing sexual misconduct allegations.
The media company said independent members of its board of directors are "investigating claims that violate the company's clear policies" regarding personal misconduct.
NEW YORK (AP) — The Latest on CBS investigation into personal misconduct claims after a New Yorker article detailed sexual harassment allegations against its CEO, Les Moonves (all times local):
New Yorker writer Ronan Farrow says six women who accuse CBS Corp.'s chief executive officer Les Moonves of sexual misconduct had to overcome their fears of retaliation in order to tell their stories.
Farrow says he spent eight months investigating the story published in the New Yorker on Friday.
DOVER, Del. (AP) — CBS Corp.'s controlling shareholder fired back Tuesday over a board attempt to dilute the shareholder's stock voting power, the latest move in an escalating legal battle for control of the media company.
NEW YORK (AP) — CBS is suing its controlling shareholder as part of its long-running attempt to avoid a combination with Viacom.
Both companies are controlled by National Amusements. That's the holding company run by Shari Redstone, the daughter of media mogul Sumner Redstone. Though National Amusements abandoned a proposal for CBS and Viacom to combine in 2016, CBS fears it may come up again.
The proposed marriage between CBS Corp. and Viacom Inc. may be off to a rocky start as CBS prepares a low-ball bid to buy cable television programmer Viacom.
CBS’ proposed all-stock offer — which could come in the next few days — is expected to put a lower valuation on Viacom than its current market capitalization, according to a person familiar with the process but not authorized to discuss it.
CBS to buy troubled Australian broadcaster Ten Network
CANBERRA, Australia (AP) — Troubled Australian television broadcaster Ten Network will be sold to U.S. giant CBS Corp. subject to regulatory approval of foreign ownership, the Sydney-based company's administrator said on Monday.
New York-based CBS had "entered into binding transaction documents" to buy the network's owner, Ten Network Holdings Ltd., administrator KordaMentha said in a statement.
NEW YORK (AP) — CBS on Tuesday announced a new leadership team for its entertainment division. It is promoting veteran CBS executive Kelly Kahl to president and bringing Thom Sherman from the CW network as senior executive vice president of programming.
Kahl, who joined CBS in 1996, assumes leadership of the entertainment division, reporting directly to Leslie Moonves, chairman and CEO of the CBS Corp.
NEW YORK (AP) — "Young Sheldon" and his grown-up version on "The Big Bang Theory" will be paired on CBS' Thursday night schedule this fall.
The "Big Bang" spinoff, centered on star Jim Parsons' character as a precocious 9-year-old Texas high school student, is one of eight new series coming to CBS in the 2017-18 season, the network announced Wednesday.
"It's not 'Muppet Babies,'" said CBS programming executive Kelly Kahl, but a gentle comedy in the mold of "Wonder Years" and "Doogie Howser, M.D."
NEW YORK (AP) — The Latest on television's fall season (all times local):
CBS says it will pair "Big Bang Theory" with its spinoff sibling, "Young Sheldon."
The new comedy is centered on star Jim Parsons' character as a precocious youngster. "Young Sheldon" will follow "The Big Bang Theory" on Thursdays after debuting Monday, Sept. 25.
CBS detailed its plans for the 2017-18 season Wednesday as part of the week's broadcast network presentations to advertisers in New York.
CBS to spinoff radio unit and combine it with Entercom
NEW YORK (AP) — CBS is spinning off its radio business and combining it with broadcaster Entercom, creating the country's second-largest radio station company behind iHeartMedia.
The combined company, which will keep the Entercom name, will own more than 200 radio stations. They expect to sell about 15 stations to receive government approval for the deal.
Facebook’s Oculus facing $500 million bill in copyright case
SAN FRANCISCO (AP) — Facebook's virtual-reality subsidiary and two of its founders are facing a sobering reality after a jury hit them with a $500 million bill for violating the intellectual property rights of video-game maker ZeniMax Media.
The verdict reached Wednesday in a Dallas federal court represents about one-fourth of the $2 billion that Facebook paid two years ago to buy Oculus, a developer of virtual-reality gear and software.
Hulu adds CBS for upcoming live TV streaming service
NEW YORK (AP) — Hulu is teaming up with CBS to add three of the network's channels to its upcoming live TV streaming service.
The service will cost under $40 a month, Hulu CEO Mike Hopkins said at a conference Wednesday, but he did not give a specific price. That will include Hulu's library of on-demand videos as well.
Hulu said the live-streaming service will launch in the coming months, but did not give a date.
Interim Viacom CEO to leave, dividend slashed
NEW YORK (AP) — Viacom says interim CEO Tom Dooley will leave Nov. 15 and the company is cutting its dividend in half in the first major moves from the company since longtime CEO Philippe Dauman left in August.
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- Globe NewswireSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in CBS Corporation of Class Action Lawsuit and Upcoming Deadline – CBS; CBS.AOctober 5, 2018
- BusinessWireRobbins Geller Rudman & Dowd LLP Files Class Action Suit against CBS CorporationOctober 2, 2018
- Globe NewswireSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in CBS Corporation of Class Action Lawsuit and Upcoming Deadline – CBS; CBS.ASeptember 28, 2018