Oscar - winning actress kim basinger l . a . confidential , the natural , batman and president of cbs television , les moonves , co - chaired the event.

But Mr. Schwartz was in a box: If he left the conference too hastily, it would betray panic to important, powerful clients such as Mr. Iger and CBS Corp. CEO Leslie Moonves.

CBS News and Time Warner Inc.’s CNN have talked about partnerships and there are reasons for the companies to work together, CBS Corp. Chief Executive Officer Leslie Moonves said in May.