CBS beats Street estimate, but CEO Les Moonves is silent on sexual misconduct allegations

CBS beats Street estimate, but CEO Les Moonves is silent on sexual misconduct allegations

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/03/cbs-beats-street-estimate-but-ceo-les-moonves-is-silent-on-sexual-mis.html

CBS's quarterly results topped Wall Street targets and CEO Les Moonves delivered an upbeat message to investors about the media company's future on Thursday, without addressing allegations of sexual misconduct against him reported last week.

At the start of an analysts conference call on CBS earnings that was also broadcast on business television network CNBC, the company said it would not take questions about Moonves' reported behavior or its legal battle with majority shareholder Shari Redstone over control of the U.S. media group.