to discuss bloomberg entertainment reporter, lucas shaw. dozen or so allegations for this to happen. walk us through the late that's we know. luca: so the latest is that lest moon vest is out for the first time in two decades. there was a story alleging six cases of sexual harassment, six women who said they'd been harassed, in late july in the new yorker. stalk les moon vest around -- stuck around after that. a lot of people thought it was feasible he'd find a way to stay on top, arguing he had not abused his position and also that a lot of the allegations were a long time ago. none of the allegations in other story happened in the last two year. yet the moment that ronin far row's second story dropped yesterday it was clear he was not going to stay in that position. we've been hearing rumors of a second story and additional allegations and then within 12 hours of that second story publishing, les moon vest nnounced he was leaving. emily: very detail and disturbing allegations, there are questions around other cbs executives. jeff faber wha

here to discuss is lucas shaw. -- is itmart strategy a smart strategy to double down on something workingme up with new content like netflix is doing? lucas: it may be the only option they have at this point. if you look across the amc universe, it is by far their most popular show. even though viewership has fallen, the most recent season, it was the third or fourth most popular show among the demographic advertisers care about. at the same time they put out this new universe with different movies and shows, they will try to find the next original hit. many swingstake as as netflix, so they have to lean on something they know works for the time being. emily: i was one of those walking dead viewers that was watching at the peak and i do not watch it anymore. is there a risk in overextending the franchise and its falling flat? lucas: there is absolutely a risk. most of the sentiment i saw on social media was negative. that is anecdotal but is --bably -- it is not reasons whyof the you see amc and list a both-party to help them reduce the risk and help them give it a fresh spin or amplify t

here to discuss is lucas shaw. t a smart strategy -- is it a smart strategy to double down on something working to come up with new content like netflix is doing? lucas: it may be the only option they have at this point. if you look across the amc universe, it is by far their most popular show. " "theough viewership for walking dead" has fallen over the past few years, the most recent season, it was the third or fourth most popular show among the demographic advertisers care about. "the walking dead" has fallen over the past few years, the most recent season, it was the third or fourth most popular show among the demographic advertisers care about. at the same time they put out this new universe with different movies and shows, they will try to find the next original hit. they cannot take as many swings as netflix, so they have to lean on something they know works for the time being. emily: i was one of those walking dead viewers that was watching at the peak and i do not watch it anymore. is there a risk in overext

joining us to discuss all of this and more is lucas shaw in los angeles. stjumped out into the for the last 24 hours, including the statement in the settlements and the fact that the delaware cases no more? lucas: it's really a stunning turn of events or rabid one. there had been allegations against les moonves that came out a while ago and it seemed like of the time that that would lead to his departure because anytime in the past year you --e had a rash of sexual sexual harassment allegations against somebody, they tend to leave. he was sticking around thinking he was going to be looking vince cable that he is not abused his power that these were long time ago and he was a different person, and yet it took the second story from the same author from ronan farrow to make him leave, and you see these negotiation's that have been playing out for several weeks wrapped up in the span of a few hours. i woke up sunday the ronan farrow's new story unsure how quickly this would wrapup, thinking we might have an announcement this week, we might have won today, inste

to discuss is bloomberg's lucas shaw off. what is the significant? -- what is the significance?think we will see more youtube channels emerge with other platforms, so should the net -- social networks, even? >> it may be a light at the end of the tunnel. we went through a wave of consolidations and deals were a lot of traditional media companies who were nervous that they were losing the relevance of young viewers, scooped up multichannel networks, which were these networks or companies that consolidated thousands of different youtube channels. they paid them, in some cases, 100s of millions of dollars, the fact that this popular channel can still sell may bode well for other channels that are wondering what their exit will be. the point about the data is not easy for a lot of these creators. selina: youtube sales have skyrocketed, but it is getting rougher for these creators. there a change -- was change in advertising or policy algorithm that caused this change? >> what happens inevitably with these big online tech platforms, if you think about it with google, youtube, faceboo

out by thik d, you can join me and my two dogs, dumb and dumb, i mean isabelle and lucas, they'll be out at the best in shaw dog show.com and you can register your dog. over $1,500 in prizes available. my two will be there but they are not eligible to win because i'ming the event. showery weather off and onor the day. high rain chances as well. 70% chance ofw rain tomor and 60% chance of thunderstorm wednesday afternoon but at least wednesda will be nice and warm. that will be the warmest day of the week. but there's sunshine in time for your weekend. >> 6:53 right now. if you're looking for something to do this weekend, you might wa to try the rated pg black arts festival. >> people will be celebrating art and culture from a woman's point of view. details onow you can join in the fun. >> hey, guys, i can't tell you, we have been with this band, one of the featured musical acts for the festival coming up. the rpged black arts festival on saturday. this is awesome. >> always. always awesomef to be part o celebrating our culture abe ing black and amazing and empowering us. like yes this is awesome. >> this is