Moonves quits CBS after fresh claims of sexual misconduct
Les Moonves, the president, chairman and chief executive of CBS, has resigned from the US national TV network with immediate effect after allegations of sexual misconduct.
CBS had been investigating Moonves since allegations appeared in the New Yorker in July, and his exit comes after fresh accusations from six more women appeared in the same magazine yesterday.
The 68-year-old, who joined CBS in 1995 as head of entertainment and became chief executive in 2006, denies the allegations, calling the latest "appalling".
However, CBS said the network and Moonves would donate $20 million to groups supporting the #MeToo movement against sexual harassment and sexual assault.
CBS' major sports properties are American football's NFL, which it holds rights until 2022, paying $1.1 billion per year, golf's PGA Tour to 2021 and college basketball’s NCAA Division I Men’s Basketball Championship, commonly known as March Madness, until 2032.