When asked for comment by ABC News on the report, the company's independent board of directors said it would investigate the accusations.

\"All allegations of personal misconduct are to be taken seriously,\" the directors said in an emailed statement. \"The Independent Directors of CBS have committed to investigating claims that violate the Company's clear policies in that regard. Upon the conclusion of that investigation, which involves recently reported allegations that go back several decades, the Board will promptly review the findings and take appropriate action. The timing of this report comes in the midst of the Company's very public legal dispute. While that litigation process continues, the CBS management team has the full support of the independent board members. Along with that team, we will continue to focus on creating value for our shareowners.\"

In a later statement, CBS said that it is \"very mindful of all workplace issues and takes each report of misconduct very seriously,\" but added that it does not believe \"that the picture of our company created in the New Yorker represents a larger organization that does its best to treat its tens of thousands of employees with dignity and respect.\"

\"We are seeing vigorous discourse in our country about equality, inclusion and safety in the workplace, and CBS is committed to being part of the solution to those important issues,\" the network said.

A person \"familiar with the situation\" told The Wall Street Journal that CBS has no plans to sideline Moonves during its investigation.

The New Yorker was awarded the Pulitzer Prize gold medal for public service for stories published last year by Farrow, a contributing writer, that exposed the alleged pattern of sexual predation by movie producer Harvey Weinstein.

ABC News' Courtney Condron and Michael Kreisel contributed to this report.

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