CBS is hoping to put a period on its #MeToo moment.
Former CEO Les Moonves was accused of sexual misconduct by six women in a report by Ronan Farrow in The New Yorker. The total number of women alleging harassment and misbehavior has climbed to 17.
CBS parted ways with Moonves months ago, but it had been ready to pay the former company leader millions of dollars in severance.
After allegations of sexual misconduct against CEO Leslie Moonves had been reported by Ronan Farrow in The New Yorker, the CBS board sought to negotiate his exit—including a severance package of up to $100 million. Moonves had overseen the network’s resurgence and was one of the highest paid executives in entertainment.
However, the news that Moonves might reap a historic windfall riled many in the industry.