Tags: could, disgraced, payday
Categorised in: World Headlines
Les Moonves is out at CBS. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, break it down. Become a TYT member at: http://tyt.com/JOIN
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“The announcement on Sunday evening ends his 20-year tenure atop one of the country’s most important media empires.
It also concludes a months-long battle for control of CBS between Moonves and the company’s controlling shareholder, Shari Redstone. The CBS board is being reshaped, with six new directors, and Redstone is repeating her vow to consider new bids from potential buyers.
The shakeup may position CBS for a sale. But the company is also facing some continued reputational risk. There is widespread scrutiny about the prospect of Moonves being paid tens of millions of dollars on his way out the door.
Moonves is one of the media world’s highest paid CEOs, so his severance package would normally be generous, even gargantuan.
But a huge payout to Moonves could stir shareholder ire in light of the disturbing harassment and assault allegations that have piled up against him.”
Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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