CBS Says Les Moonves Departs as Chairman and CEO

The video discusses the current business climate, focusing on CBS's internal issues. It covers the allegations against CBS CEO Leslie Moonves, the company's response, and the implications for CBS and Viacom. The New Yorker reported multiple allegations of misconduct, prompting CBS to act swiftly. The video also touches on the shareholder battle involving Shari Redstone and the potential for CBS to move forward with more clarity.

What was the initial financial implication for CBS if Leslie Moonves left before his contract ended?

• 500 million

• 50 million

• 250 million

• 100 million

How many women in total came forward with allegations against Leslie Moonves?

• 10

• 12

• 6

• 8

What was the immediate action taken by CBS in response to the allegations?

• Appointed an interim CEO

• Fired all board members

• Increased stock dividends

• Announced a new TV show

What was the expected impact on CBS's stock following the announcement of Moonves' departure?

• Stock was expected to be unaffected

• Stock was expected to plummet

• Stock was expected to remain stable

• Stock was expected to rise

What was the outcome of the shareholder battle involving Shari Redstone?

• It remained unresolved

• It was settled, providing clarity

• It led to a new CEO appointment

• It resulted in a merger with another company