Moonves took over Lorimar Television in 1989, further consolidating his power after its merger with Warner Bros. The turnaround wasn't instant, but Moonves immediately set out to attract big-name talent, including a new sitcom starring Bill Cosby, and another featuring Ted Danson. Under Moonves, CBS also made strides in comedy with "Everybody Loves Raymond," "Two and a Half Men" and "The Big Bang Theory." Sunday's announcement of Moonves' departure also concludes a months-long battle for control of CBS between Moonves and the company's controlling shareholder, Shari Redstone, Sumner Redstone's daughter. In 2006, when Redstone split CBS and Viacom, Moonves sought oversight of both companies.

Source: CNN September 10, 2018 00:00 UTC