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Aug 3, 2018

Will scandal slow CBS juggernaut?

CBS reported stellar earnings on Thursday, and CEO Leslie Moonves spoke about a bright future for the network even as he grapples with allegations of sexual misconduct. Similar charges have been leveled at the executive producer of one of the network’s most popular shows, “60 Minutes.” But will the scandals cause advertisers to flee the […]

by Andy Uhler
Leslie 'Les' Moonves, president and chief executive officer of CBS Corporation, attends the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.
Leslie 'Les' Moonves, president and chief executive officer of CBS Corporation, attends the annual Allen & Company Sun Valley Conference, July 11, 2018 in Sun Valley, Idaho.
Drew Angerer/Getty Images

CBS reported stellar earnings on Thursday, and CEO Leslie Moonves spoke about a bright future for the network even as he grapples with allegations of sexual misconduct. Similar charges have been leveled at the executive producer of one of the network’s most popular shows, “60 Minutes.” But will the scandals cause advertisers to flee the prime-time news magazine and the network as a whole? 

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