Word: cbs
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Dates: during 1990-1999
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...tobacco additive, coumarin, that it knew caused liver tumors in laboratory mice. And he described two threatening phone calls, one of which hinted at harm to his two children if he didn't "leave tobacco alone.'' B&W responded to the Daily News article by threatening legal action against CBS News for leaking it. A lawyer for the tobacco company warned that the network would be held responsible for any libel contained in the transcript...
There was always a whiff of faded romance in CBS's corporate culture--this is, after all, the network once known as the Tiffany of broadcasting. But nostalgia for the golden era of CBS has lately been supplemented by a sense that the network has been irreparably tarnished. Of all the bad days that Black Rock has endured (and is there another company whose internal soap operas are more frequently played out for the public?), these are undoubtedly the worst. In prime time, CBS's ratings have suffered an almost total collapse: its Nielsen average so far this fall...
...DECISION CAME SWIFTLY AND with little drama. CBS shareholders, in a meeting last Thursday at New York City's Museum of Modern Art, voted overwhelmingly to approve a $5.4 billion buyout offer from the Westinghouse Electric Corp. Before the vote, however, chairman Laurence Tisch had to face the usual gauntlet of indignities. One disgruntled stockholder rose to celebrate "being liberated from the Tisch regime." Another castigated the chief executive's record and said he had "presided over the destruction of CBS as a cultural and educational leader." (Tisch defended his decision to sell off the record and publishing divisions...
...CBS's most prestigious news program, 60 Minutes, is at the center of a controversy that has raised questions about the network's commitment to first-rate journalism--and about the program's own journalistic practices as well...
...flap is especially painful for CBS because 60 Minutes has long managed to remain aloof from the network's ups and downs--a steady symbol (and often vocal defender) of the old standards and traditions. The controversy stems from a 60 Minutes story that was to include an interview with a former tobacco-industry executive seeking to blow the whistle on alleged misdeeds by his former employer. But the interview was killed after CBS lawyers raised concerns about possible lawsuits that the network could face from the tobacco industry if it were...