September 10, 2018 at 9:07 am #183716
Update CBS has an official statement on Les Moonves and he is out of the CEO Seat.I would use words such as “sad” and “unfair” to describe updates like this one.September 10, 2018 at 4:57 pm #183727
We have multiple updates on the Les Moonves Fallout Plus a new board and CEO comes into play after the allegations.September 10, 2018 at 5:02 pm #183728
ANd We have an update on Jeff Fager who has been named as the second guy in the allegations involving Moonves.
After Les Moonves resigned from CBS in disgrace and yet another woman accused “60 Minutes” producer Jeff Fager of sexual misconduct, sources tell Page Six that Fager didn’t show up for work on Monday.
On Sunday Moonves quit after six new women accused him of sexual misconduct, and a former intern told The New Yorker that she had been standing next to Fager at a work party and that “all of a sudden, I felt a hand on my ass.” She added, “the hand belonged to an arm which belonged to Jeff Fager.”
Now insiders tell Page Six that because of Fager’s conspicuous absence at CBS HQ on Monday morning, “People over there are wondering if CBS will take action quickly now that Les is gone.”
Said another source, “He knows the end is coming for him and is not at work while everything unfolds.”
Asked if Fager could be out for Rosh Hashana, the insider said only, “He’s just not here.”
The intern, Sarah Johansen, who worked for the network in the 2000s, is the seventh former employee to accuse Fager. Nineteen staffers have accused him of looking the other way while sexual harassment was going on in his division. Fager declined to comment to the New Yorker on Johansen’s allegation.September 11, 2018 at 6:48 pm #183747
Update Jeff Fager will stay at CBS News for Now as the harassment investigation continues.September 12, 2018 at 9:34 pm #183770
Here is an update Jeff Fager has been removed from CBS due to the fallout that came from the concurrent investigation that was at play during the Moonves Scandal.September 14, 2018 at 2:55 pm #183790
Julie Chen ended Big Brother by saying “I’m Julie Chen Moonves.” Basically, she’s sticking by her husband no matter what.September 14, 2018 at 5:55 pm #183796
I’m thinking Bye Bye Julie Chen Moonves and hello ????? Who will be crowned the new host of Big Brother?September 16, 2018 at 10:47 am #183806
So CBS fires Julie Chen for being married to Les Moonves? That’s going to go over well…September 16, 2018 at 5:33 pm #183810
I would say the Jeff Fager mentioned earlier in this discussion was fired unfairly based on my understanding of a certain message attributed to him that I read and heard was a reason for his firing (personally I had believed the message was misunderstood by the person to whom it was sent).September 18, 2018 at 4:34 pm #183831
Update Susan Zirinsky has been named as a candidate to replace Jeff Fager at CBS News.September 18, 2018 at 9:20 pm #183832September 19, 2018 at 1:13 pm #183836
Apparently National Amusements needs a leadership change too not just CBS over its issues over taxes. Yes the Redstones might get removed from National Amusements leadership seats if this allegations are true.
s CBS tries to forget Les Moonves, its disgraced ex-C.E.O., an even more portentous question hangs over the $20 billion company. It’s not the issue of Moonves’s potential $120 million severance, which could provide a humiliating coda to his resignation, or the search for his successor, or even the labyrinthine legal squabble about the issuance of dilutive dividends between the CBS board and the Redstone family, the company’s controlling shareholder, which was dropped when Moonves agreed to step down. Rather, it is a separate legal case winding its way through a California court that threatens to make the Moonves scandal an anecdote in the broader fight over the future of CBS.
Since 2015, Sumner Redstone’s ex-girlfriend, Manuela Herzer, has been battling to have herself reinstated into his will, arguing that Sumner, the family’s 95-year-old patriarch, was mentally incapable of exiling her, and that Sumner’s daughter, Shari, had manipulated him into removing her from his estate. A related federal RICO lawsuit was dismissed in July, but Herzer is still seeking damages in state court that could amount to tens of millions of dollars. More important, from the point of view of CBS shareholders, the case could prove that Sumner—who is immobile and is relegated to poking “yes,” “no,” and “fuck you” buttons on his iPad—was not of sound mind when Shari assumed control of his media empire nearly three years ago.
Concerns over Sumner’s competency may not be limited to the CBS boardroom, either. Earlier this month, a federal grand jury in California was convened to assemble evidence regarding the various lawsuits brought by Manuela Herzer in several courts against Sumner Redstone, Shari Redstone and Tyler Korff, one of Shari’s sons. The grand jury, which appears to be weighing possible criminal tax-related violations, issued subpoenas on September 7 to law firms representing Herzer, according to a source who has seen one of the subpoenas. The subpoenas, according to this person, demand that the law firms “turn over” by September 26, “any and all (non-privileged) materials, written, digital, video, audio or other, specifically including but not limited to any and all such documents produced or exchanged in any state, federal, probate, or administrative proceeding involving or related to Sumner Redstone, Shari Redstone, Tyler Korff, or Manuela Herzer.” If the law firms do not voluntarily comply, lawyers at the firms could be required to appear before the grand jury.
It is too soon to say what California prosecutors are hoping to learn. While grand juries most often end with an indictment, they are also used as investigatory tools to subpoena documents and compel testimony under oath. That could present a major legal headache for the Redstones, depending on what information is uncovered. The investigation could, for example, help resolve how Shari was able to take over her father’s throne in 2016, given that Sumner is still alive and that the trust he established to pass control of National Amusements, the family holding company, has likely not yet gone into effect. Another possibility, the source speculated, is that the I.R.S. and the Justice Department are interested in whether Shari obtained her family’s nearly 80 percent voting stakes in both CBS and Viacom in accordance with existing tax laws. According to the subpoenas, the case is being led by Nicola Hanna, the U.S. attorney in the Central District of California, and John Kucera, an assistant U.S. attorney in the same jurisdiction, along with Robert Liu, a special agent at the I.R.S. in the Criminal Investigation unit that investigates “potential criminal violations of the Internal Revenue Code and related financial crimes,” according to the I.R.S. Web site.
Nobody involved in the grand-jury tax case is talking. Neither Hanna nor Kucera would comment; reached by telephone, Liu declined to comment on an ongoing investigation. Sara Evans, a spokesman for Shari Redstone, declined to comment. Attorneys at Bird Marella, in Los Angeles, who are representing Herzer in her ongoing civil lawsuit, declined to comment, as did Ronald Richards, who represented Herzer in her since-dismissed criminal-conspiracy lawsuit against the Redstones. CBS also declined to comment about the subpoena. Robert Klieger, an attorney for the Redstones who is also a CBS board member, did not respond to a request. He has long maintained that he sees Sumner Redstone regularly, that he “FaceTimes” with him, and that Sumner is competent to make the decisions that he has been making in recent years.
The grand jury’s criminal tax investigation could provide the latest stunning jolt to CBS, a company already reeling from the sudden departures of Moonves, its longtime C.E.O., and of Jeff Fager, the longtime head of CBS’s hugely successful 60 Minutes division. Whether or not Shari could face any legal exposure, the I.R.S. investigation once again returns to the forefront the question of how she took effective control of her father’s media empire, despite his apparent incapacity and his stated aversion—repeated both publicly and privately—to having her take any active role in running CBS or Viacom, which she has done with alacrity in the past few years. Not only has Shari tried twice in the past two years to re-merge CBS and Viacom—against the express wishes of her father, who separated the two companies in 2006—but she has also remade the Viacom board of directors with members expressly loyal to her. What’s more, as a consequence of the agreement that resulted in Moonves’s sudden departure from CBS on September 10, Shari removed four CBS board members and replaced them with four new ones, who will now, presumably, be even more loyal to her than the ones she replaced. Shari also agreed, as part of Moonves’s departure, not to have National Amusements initiate a merger between CBS and Viacom for another two years, although that doesn’t mean board members at each company could not initiate such a merger before then.September 20, 2018 at 5:18 pm #183843
ANother update on the Moonves outrage.September 25, 2018 at 7:10 pm #183893
Bill Owens and Susan Zirinsky named as Candidates to replace Jeff Fager at 60 Minutes.September 26, 2018 at 5:03 pm #183905
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