CBS has selected Los Angeles real estate investment firm Hackman Capital Partners as the winning bidder for the company’s iconic Television City facility near the corner of Fairfax and Beverly, a source familiar with the deal says. The transaction is not yet final, but the value is said to be well north of $700 million.
Anthony Ambrosio, the chief human resources and chief administrative officer, who began his career at CBS in 1985, was handed his walking papers earlier this week under interim CEO Joseph Ianniello. In addition to the fat payout, Ambrosio exits the Tiffany Network with an eight-month consulting gig worth $800,000. CBS can then retain the exec for $100,000 a month. CBS said Laurie Rosenfield will fill the exec’s shoes in the newly created role of chief people officer.
CBS Corp. sought to turn the page on a tumultuous stretch when it said last month that Leslie Moonves was stepping down as chairman and chief executive amid sexual-harassment accusations and that the media company was settling litigation with its controlling shareholder. The Wall Street Journal reports that the broadcaster’s upheaval leaves two open board seats, potentially making a merger more likely. Journal subscribers can read the full story here.
The series details the inner workings of the New York office of the Federal Bureau of Investigation. It stars Missy Peregrym, Zeeko Zaki, Ebonée Noel, Jeremy Sisto and Sela Ward. It is the first freshman CBS show to be picked up for a full season this year.
The longtime executive succeeds Gil Schwartz who is retiring on Nov. 1. As EVP-chief communications officer, McClintock will have oversight of the communications group that incorporates public relations, media relations and corporate and internal communications functions for all divisions of the company.
Covington & Burling and Debevoise & Plimpton, the two outside law firms tasked with investigating claims of misconduct at CBS, have already interviewed more than 150 people, according to an email update sent to employees last week. Current employees, former employees and other “individuals with information pertinent to our investigation” have spoken to investigators.