ViacomCBS and former CBS chief executive Leslie Moonves have reached a
settlement regarding his termination for sexual harassment accusations as The Hill
relayed the joint statement made by both parties.
“Leslie Moonves, CBS, and a contractor to CBS have resolved their disputes,”
ViacomCBS said.
One part of the settlement will see the CBS board decline to pay Moonves his $120
million severance package. However, he will see some as part of the agreement.
Nonetheless, the money that Moonves receives is going to be compensated for by the
unnamed CBS contractor, and the payment will go to charity.
“The cost of the settlement will be borne by the contractor. Mr. Moonves has decided to
contribute the entire settlement amount to various charities,” the statement said. “There
will be no further comment regarding this settlement by Mr. Moonves or CBS.”
In 2018, at least 12 women had accused Moonves of sexual harassment and assault.
The women stated Moonves exposed himself, used physical violence, and threatened
to ruin their careers.
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at eddie1991razo@gmail.com.
