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