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CBS Corporation to donate $20 million to Time's Up and 17 other groups after Les Moonves ouster
CBS "News" ^ | December 14, 2018 | by Kate Smith

Posted on 12/14/2018 11:26:40 AM PST by Oldeconomybuyer

Time's Up Legal Defense Fund and Time's Up Entertainment are among the 18 recipients of a $20 million donation from CBS Corporation, an amount determined when Leslie Moonves was pushed out as CEO over sexual misconduct allegations, according to a press release issued Friday. The money was earmarked for groups focused on "eliminating sexual harassment in the workplace."

The funds will be distributed within 60 days of execution of the agreement, according to a person familiar with the arrangement. The amount each group will receive was based on their proposal and "capacity to absorb funds relative to their annual budgets."

When Moonves exited in September, CBS said the $20 million would come out of Moonves' potential severance package of $140 million. That still leaves a possible $120 million for Moonves, unless he is found to have been terminated for cause. The CBS board has until January 31 to determine whether it will make the payment.

While Moonves was not involved in selecting the groups, his attorney had to approve the decision, according to a second person familiar with the process.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: cbsnews; democrats; fundingtheleft; journalism; liberals; media; metoo; moonves

1 posted on 12/14/2018 11:26:40 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

$20 million to make amends to “me too” movement for a sexual harassment claim is getting right up there with carbon credi trading.


2 posted on 12/14/2018 11:32:09 AM PST by thinden
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To: Oldeconomybuyer

Well Well Well, from the same network that trashes President Trump for paying 150 grand


3 posted on 12/14/2018 11:33:35 AM PST by Sarah Barracuda
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To: Oldeconomybuyer

Purchasing Absolution from Democrat Social Justice Warriors....


4 posted on 12/14/2018 11:38:01 AM PST by tcrlaf (They told me it could never happen in America. And then it did....)
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To: Oldeconomybuyer

A new shadowdown industry just like the rainbow coalition. Pay the shakedown to fund more shakedowns in the future.


5 posted on 12/14/2018 11:41:17 AM PST by jarwulf
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To: Oldeconomybuyer

These SJW’s could make a ton of money right now if they just sold indulgences.

If you don’t know what indulgences are, you probably had a government education.


6 posted on 12/14/2018 12:35:07 PM PST by Mr. K (No consequence of repealing Obamacare is worse than Obamacare itself.)
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To: Oldeconomybuyer; All


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7 posted on 12/14/2018 12:45:21 PM PST by musicman (The future is just a collection of successive nows.)
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To: Oldeconomybuyer

CBS Paid ‘Bull’ Star Eliza Dushku $9.5 Million over On-Set Sexual Harassment Claim



8 posted on 12/14/2018 12:47:02 PM PST by Bratch ("The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke)
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To: Bratch
Resized Pic:


9 posted on 12/14/2018 12:48:39 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

Why pay off real victims, when you can give the money to liberal groups?


10 posted on 12/14/2018 2:01:06 PM PST by aimhigh (1 John 3:23 "And THIS is His commandment . . . ")
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To: Oldeconomybuyer

Hush money.


11 posted on 12/14/2018 2:29:27 PM PST by SoFloFreeper
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