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CBS Executive Vinnie Favale Placed On Leave Amid Allegations Of Sexual, Homophobic Language
A CBS executive who develops comedic talent for the Late Show With Stephen Colbert has been placed on administrative leave as the media company investigates allegations of him using sexually explicit and homophobic language in the workplace and retaliating against those who complained.
Nine current and former CBS…
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16 Comments Comment on CBS Executive Vinnie Favale Placed On Leave Amid Allegations Of Sexual, Homophobic Language
EXCLUSIVE: Watch Les Moonves Deposition
EXCLUSIVE… UPDATE: Deadline has obtained exclusively Les Moonves’ video-taped deposition from September 1, 2011, in the Golden Globes trial. Four-parter:
PART ONE
PART TWO
PART THREE
PART FOUR
Moonves’ deposition reveals CBS had serious talks to take away the Golden Globes from NBC. His conversations were with Dick…
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By Nikki Finke
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Les Moonves Says CBS “Stronger Than It's Ever Been”: UBS Confab
When CBS chief Les Moonves appears at an investor event like this week’s UBS Annual Global Media and Communications Conference, they should just get him an orchestra and a spotlight so he can sing “Everything’s Coming Up Roses.” “Everybody calls me a cheerleader but network television’s doing better than it’s done in…
UPDATE: CBS Shares -2% In After-Hours Trading Although Company Vows 2012 Will Be “Record-Breaking Year”
UPDATE, 2:45 PM: Despite the strong 3Q earnings, some investors are concerned about the lower-than-expected revenues and a slowdown in ad-sales growth from 2Q. But that didn’t stop CEO Les Moonves from his usual cheerleading in his quarterly conference call with analysts: With more digital and retransmission consent…
UPDATE: Les Moonves Calls CBS 'A Fundamentally Different Co' As 2Q Results Top Profit And Revenue Expectations
UPDATE, 2:45 PM: Les Moonves stuck to familiar themes in his conference call with analysts. He says CBS is “confident” it will collect about $250M next year from cable and satellite retransmission payments. That will eventually grow to about $700M and “it drops right to the bottom line.” The CBS chief also says he’s…
Big Media's 1Q Earnings Roundup: Cash
The money is flowing again into Big Media. Just about every media CEO who recently spoke to Wall Street analysts about this year's 1st Quarter earnings said that ad sales are up and consumers are spending. "Viacom has never been stronger financially," CEO Philippe Dauman crowed. At Disney, where net profits fell…
Time Warner CEO Jeff Bewkes: 'Too Much Excitement' About Premium VOD
Time Warner Jeff Bewkes comes across as the media world’s most laid-back CEO. But he asked a lot this morning when he told movie theater owners to cool their jets about Premium VOD. “There's been too much excitement about this,” Bewkes said at a panel discussion sponsored by investment firm Jefferies & Co. “Our…
CBS Corp. Chief Expects Double-Digit Ad Gains At Upfront
Deflecting any questions about the future of CBS’ top comedy Two and a Half Men, CBS Corp. CEO Leslie Moonves today talked about the upcoming upfront market and his bullish projections for CBS. Speaking at a Deutsche Bank investor conference in Florida, Moonves predicted ad rate increases of at least 10% for CBS at…
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