CBS CEO Les Moonves. Photo: Greg Doherty/Patrick McMullan via Getty Images

CBS Corporation issues a statement Friday that sexual harassment allegations against its longstanding chairman and Chief Executive Les Moonves — expected to be made public in a Ronan Farrow article in The New Yorker on Friday — "are to be taken seriously."

Why it matters: Moonves has been chairman of CBS since 2016 and has been a high-level executive with the corporation since 1995. He is credited with turning the once-struggling broadcaster's business around, and making it the more lucrative business to its former sister company, Viacom.

“All allegations of personal misconduct are to be taken seriously. The Independent Directors of CBS have committed to investigating claims that violate the Company’s clear policies in that regard. Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the Board will promptly review the findings and take appropriate action.”
— CBS Board of Directors in a statement

The backstory: CBS has stood by Moonves throughout a publicly contentious fight with its primary shareholder, Shari Redstone, Vice Chairwoman of National Amusements Inc., a holding company, over its independence.

  • During that battle, National Amusements alleged that a member of the CBS Board of Directors physically and verbally abused another member of the Board. Sources told Axios that figure was not Moonves.

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Facebook boycott organizers share details on their Zuckerberg meeting

Facebook is in the midst of the largest ad boycott in its history, with nearly 1,000 brands having stopped paid advertising in July because they feel Facebook hasn't done enough to remove hate speech from its namesake app and Instagram.

Axios Re:Cap spoke with the boycott's four main organizers, who met on Tuesday with CEO Mark Zuckerberg and other top Facebook executives, to learn why they organized the boycott, what they took from the meeting, and what comes next.

Boycott organizers slam Facebook following tense virtual meeting

Illustration: Sarah Grillo/Axios

Civil rights leaders blasted Facebook's top executives shortly after speaking with them on Tuesday, saying that the tech giant's leaders "failed to meet the moment" and were "more interested in having a dialogue than producing outcomes."

Why it matters: The likely fallout from the meeting is that the growing boycott of Facebook's advertising platform, which has reached nearly 1000 companies in less than a month, will extend longer than previously anticipated, deepening Facebook's public relations nightmare.

Steve Scalise PAC invites donors to fundraiser at Disney World

Photo: Kevin Lamarque-Pool/Getty Images

House Minority Whip Steve Scalise’s PAC is inviting lobbyists to attend a four-day “Summer Meeting” at Disney World's Polynesian Village in Florida, all but daring donors to swallow their concern about coronavirus and contribute $10,000 to his leadership PAC.

Why it matters: Scalise appears to be the first House lawmakers to host an in-person destination fundraiser since the severity of pandemic became clear. The invite for the “Summer Meeting” for the Scalise Leadership Fund, obtained by Axios, makes no mention of COVID-19.