Blood bowl 2 chaos strategy1/14/2024 Moonves has denied some of the allegations as “untrue.” Five other board members that staunchly backed Moonves were also replaced. Gone from the equation is Leslie Moonves, the longtime CBS chairman-CEO who was forced out as leader and board member after disturbing allegations of sexual assault and misconduct were leveled against him. According to an SEC filing made Monday, two-thirds of the CBS board would have to approve of a strategic transaction for it to move forward). And the new deal ensures National Amusements itself will not seek a merger between Viacom and CBS for at least two years (if its new board were to decide that might be a good maneuver, presumably NAI would back it). Ianniello is seen as a potential candidate for the permanent CEO job, according to one person familiar with the matter, though the board has yet to reveal a timeline for when it might complete its search for a new CBS CEO and chairman. ![]() The agreement puts Moonves’ longtime second-in-command, Joe Ianniello, at the helm, at least temporarily, likely meaning no break in current strategy. There are also questions - some of them well worth asking - about the performance of some of Viacom’s assets. A merger with Viacom might have disrupted a team that has followed a strategy of gaining new revenue from content licensing, retransmission and international and digital sales. Sunday’s omnibus settlement of Moonves’ fate and the litigation created a board with six new members, selected by the CBS board and NAI with assistance from Richard Parsons, the former Time Warner chief who was also named a director, according to two people familiar with the matter.ĬBS, meanwhile, gained a measure of respite from doing something its executives did not want to do. ![]() Redstone got most of what she sought, albeit with some restrictions on NAI’s actions in the short term. Shari Redstone, the leader of NAI, had been pressing for change: a possible merger with her family’s other large holding, Viacom, bringing in new blood at the CBS board and a better line of succession among CBS executives.
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