CBS is sinking Friday afternoon, down more nearly 6%, following a report suggesting its CEO, Leslie Moonves, will be accused of sexual misconduct in a forthcoming New Yorker story by Ronan Farrow.
A story in The Hollywood Reporter says the New Yorker's story details unwanted sexual advances made by Moonves over 20 years ago.
Moonves has held numerous executive positions at CBS since joining CBS in 1995. He was named chairman and CEO in 2003.
This story is developing...
Join the conversation about this story »
NOW WATCH: How NASA saved the world
0 Comments