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Fri Dec 14, 2018, 08:26 PM

Anti-harassment groups share $20 million CBS handout after Moonves exit

Source: Reuters

ENTERTAINMENT NEWS DECEMBER 14, 2018 / 6:05 PM / UPDATED 2 HOURS AGO

Anti-harassment groups share $20 million CBS handout after Moonves exit

Jill Serjeant
3 MIN READ

LOS ANGELES (Reuters) - CBS Corp on Friday named the Time’s Up anti-sexual harassment group and 17 other organizations that will share a $20 million donation stemming from the exit of its chief executive Les Moonves following allegations of sexual misconduct.

Time’s Up and the body representing Hollywood producers swiftly announced that they will spend their share of the funds on programs to increase diversity in the entertainment industry, and provide anti-sexual harassment training.

CBS said in a statement that the $20 million grant was part of the company’s separation agreement with Moonves and “was deducted from any severance benefits that may be due to him.”

Moonves, a major figure at the CBS broadcast network for more than two decades, was forced out in September after multiple allegations of sexual misconduct.

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Read more: https://www.reuters.com/article/us-cbs-moonves-donation/anti-harassment-groups-share-20-million-cbs-handout-after-moonves-exit-idUSKBN1OD2Q1

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