PoliticsLes Moonves’ fall from grace costs him $120M

Les Moonves, the top CBS executive, was recently forced to resign after a dozen women came forward to accuse him of sexual harassment and assault. A bombshell New York Times piece published last month detailed the lengths Moonves went to to try and silence actress Bobbie Phillips, who he allegedly assaulted in his office in 1995.

Last week, news broke that Moonves was personally involved in CBS’s $9.5 million settlement with actress Eliza Dushku who complained about being sexually harassed by lead actor Michael Weatherly on CBS’s drama “Bull.” Dushku found herself out of the series regular role she’d been promised after speaking out and Moonves allegedly padded the production budget for the show to mask the settlement payout.

Now in the biggest development yet, Moonves is going to miss out on a eye-popping severance package of $120 million because of his failure to cooperate with the investigation and because his actions violated company policy.
It’s a stunning downfall for one of the most powerful men in television, all because of his demeaning treatment of women over the course of his career.