Sumner Redstone Had Mental Capacity to Change His Estate, Judge Rules

Read on: TheWrapTheWrap.

A Los Angeles court ruled on Wednesday that Sumner Redstone had the mental capacity to make changes to his estate in 2015 and 2016.

The changes to the estate led to the then 92-year-old Redstone’s girlfriend at the time, Manuela Herzer, being removed as the person in control of his health care and getting kicked out of his mansion. Herzer and the Redstone family settled the three years’ worth of legal disputes that arose from that earlier this month.

Herzer argued that Redstone lacked the mental capacity to remove her and that his daughter Shari Redstone was making decisions on his behalf. As part of the settlement Herzer was ordered to pay back $3.25 million in gifts she received from Redstone during the course of their relationship.

Also Read: Sumner Redstone Family Settles Legal Dispute With Manuela Herzer

On Wednesday, L.A. Superior Court judge David Cowan formally put any question about Redstone’s mental capacity to bed.

“Mr. Redstone had sufficient capacity to execute the Fortieth Amendment to and Restatement of the Sumner M. Redstone 2003 Trust dated July 23, 2003 and the Forty-First Partial Amendment thereto on their respective dates of execution, October 16, 2015 and May 20, 2016,” Cowan wrote in his decision, adding that the changes to the estate “were not the product of undue influence, fraud, duress, or mistake.”

Herzer could not be reach for comment.

Shari Redstone has been fighting to retain control of her family’s estimated $40 billion media empire  for the last few years. Questions of Sumner Redstone’s mental capacity and Shari Redstone’s claim to control of the family’s holding company National Amusements, which controls roughly 80 percent voting power in CBS and Viacom, were constantly being asked.

Representatives for National Amusements declined to comment.

Also Read: Sumner Redstone’s Granddaughter Says in Email: ‘My Grandfather Is a Ghost’ (Exclusive)

Judge Cowan’s ruling doesn’t definitively prevent future fights over the direction of the Redstone media empire, but it does strengthen the actions Shari Redstone has taken in trying to ensure the future success of both CBS and Viacom. She had been pushing for a merger of the two companies, which experts believe is likely to happen this year.

“After three years of litigation, Mr. Redstone is grateful for today’s court confirmation of his capacity to execute his estate plan, and of his free will in doing so,” Redstone’s lawyer, Loeb & Loeb Trust & Estate Litigation co-chair Gabrielle Vidal, said in a statement. “Now all he needs is a [New England] Patriots win.”

Pamela Chelin and Itay Hod contributed to this report.

Related stories from TheWrap:

Shari Redstone and CBS Board in Talks to Avoid Taking Legal Dispute to Trial

CBS v the Redstones: Judge Questions Sumner’s Condition, Rules Against Deposition

Why a CBS and Viacom Merger Is Looking Likely in Early 2019

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Sumner Redstone Family Settles Legal Dispute With Manuela Herzer

Read on: TheWrapTheWrap.

Sumner Redstone and his family has reached a settlement with his former live-in companion Manuela Herzer.

The settlement between the 95-year old media mogul and his former companion ends nearly three years of court battles, and will see Herzer pay back Redstone $3.25 million in gifts she received from him during the course of their relationship. It was first reported by The Wall Street Journal.

The settlement, which was entered on Jan. 4, comes just days before a trial was set to begin.

Also Read: Sumner Redstone’s Granddaughter Says in Email: ‘My Grandfather Is a Ghost’ (Exclusive)

The agreement ends all litigation between the two sides, according to the WSJ, who have been fighting this out in the courts since the fall of 2015. That’s when Redstone kicked Herzer out of his Beverly Hills mansion and replaced her as his health-care provider, and took her out of his estate planning.

Herzer had argued that Redstone in his old age lacked the mental capacity to make those decisions, which ended up with Redstone getting a court-appointed doctor to examine him in 2016. Shortly after, he stepped down as executive chairman of CBS Corp and Viacom, with his daughter, Shari, assuming control.

The end of the bitter legal fight could also quiet any questions about the legitimacy of his daughter’s role within the Redstone’s company, National Amusements. The younger Redstone currently serves the president of National Amusements. Part of the legal battle between Herzer and the elder Redstone including an allegation that Shari had been manipulating her father since 2015 in order to assume control of his media empire.

Redstone has denied those accusations through her lawyers, the WSJ said.

Pamela Chelin contributed to this story.

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CBS Says No $120M Severance For Les Moonves ; Terminated For Cause Declares Board

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Once powerful CEO of CBS Les Moonves will not be getting a single dime of the $120 million in severance he expected after stepping down under allegations of misconduct this fall, the company’s board has decided today.
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CBS and a Pattern of Toxic Masculinity: Protecting the Predators, Not the Victims

Read on: TheWrapTheWrap.

The bodies and the settlements at CBS keep piling up. There were two on Thursday alone.

Actress Eliza Dushku was secretly paid $9.5 million to settle her contract after she complained about sexual harassment from the star of “Bull,” Michael Weatherly, we learned in The New York Times.

This followed a revelation earlier in the day from Cybill Shepherd, the smart and sassy blonde on ’90s network television, that her show was canceled shortly after she rebuffed a sexual advance by CBS chief Les Moonves.

Also Read: CBS Paid Eliza Dushku $9.5 Million to Settle Sexual Harassment Claim Against ‘Bull’ Star Michael Weatherly

According to the Times, Weatherly made comments about Dushku’s appearance in front of the crew. She said he made a rape joke and a comment about a threesome.

What happened when she complained? Did a human resources professional consult with her and make Weatherly take sensitivity training?

Ha-ha, kidding.

No, Dushku was written off the show after she confronted Weatherly. She got a check and Weatherly is still on the air. Weatherly apologized in the Times after having reflected on his behavior as “both not funny and not appropriate.”

In Shepherd’s case, she said Moonves invited her to dinner when she was the star of “Cybill.”  “His assistant and my assistant made a dinner date and we went to it and he was telling me his wife didn’t turn him on and some mistress didn’t turn him on,” Shepherd said. She turned Moonves down, left the dinner and “quite shortly afterwards” her show was canceled.

Also Read: Cybill Shepherd: My CBS Show Would’ve ‘Run Another 5 Years’ If I Hadn’t Shot Down Les Moonves’ Advances

The pattern of behavior is undeniable at this point. Men who should have been called out for bad behavior instead protected one another. Women who dared raise their voices were punished and paid off, their careers set off course, shamed into silence.

The evidence of a toxic male culture at CBS is overwhelming, led by a chairman who had a staffer “on call” for oral sex.

Let’s take a brief look at some of what we have learned about what was tolerated and hidden at CBS:

  • “60 Minutes” producer Jeff Fager was fired in September following a New Yorker report in which he was accused of groping a former intern at a party and turning a blind eye toward sexual misconduct by his employees.
  • CBS paid $5 million to settle a lawsuit against the revered Don Hewitt, who created “60 Minutes” and was accused of sexual assault decades ago.
  • Mark Harmon, executive producer and star of “NCIS,” was accused of intimidating Pauley Perrette after his pit bull attacked a crew member and Perrette objected to the dog returning to the set. Perrette left the show in May this year and declined to give a reason.

Then there’s:

  • Charlie Sheen and his prostitutes.
  • Charlie Rose and his interns.
  • An executive producer at “CBS This Morning” exiting this week in part because he too turned a blind eye to complaints about sexual harassment.

And then there’s Moonves himself, accused of sabotaging the career of Ileana Douglas, accused of sexual misconduct by a dozen women, accused of demanding oral sex from at least four employees and having an employee “on call” for blow jobs, according to the internal draft report of a law firm’s investigation into network culture prepared for the network’s board of directors.

Also Read: Les Moonves to Exit as CBS CEO Amid New Sexual Misconduct Accusations

The draft has notably not been denied by CBS, which seems most concerned about all the leaks to the media.

Moonves, whom I had truly admired until very recently, built the success of the network on his unabashed male appeal. He created shows that had machismo and viscerally seemed to get the desires of middle American men. This showmanship drove the network to No. 1 status, always skewing male.

Moonves’ signature shows included “Two and a Half Men,” Jerry Bruckheimer’s “CSI” and the Harmon-led “NCIS” franchise. His hit CBS shows were the brawny “SEAL Team” and “SWAT” and “Magnum PI” and “FBI” and “Hawaii 5-0.”

And a legal procedural called, um, “Bull.”

If you wanted light entertainment, female stars and gay people  — say, “Will and Grace” — you had to go to NBC. “Ellen”? That was on ABC.

If toxic masculinity lay behind all this, I shudder to think of how that seeped into our broader American culture.

Also Read: ‘CBS This Morning’ EP Ryan Kadro to Step Down After Charlie Rose Sexual Misconduct Settlement

But how far will CBS go to change an environment that is clearly many levels of rotten? How many good shows with interesting female characters never saw the light of day because everybody knew how things went in the network’s executive offices? How many more board members were like the late Arnold Kopelson, whom the Times reported once said in a meeting:  “I don’t care if 30 more women come forward and allege this kind of stuff… Les is our leader and it wouldn’t change my opinion of him.”

CBS’ vice chairman is a woman, Shari Redstone. And I feel badly for the many good people at CBS who have nothing to do with this but are caught up in a culture that simply must change.

“The allegations in Ms. Dushku’s claims are an example that, while we remain committed to a culture defined by a safe, inclusive and respectful workplace, our work is far from done,” the network told TheWrap in statement. “The settlement of these claims reflects the projected amount that Ms. Dushku would have received for the balance of her contract as a series regular, and was determined in a mutually agreed upon mediation process at the time.”

I’m gratified to see CBS take note, but it remains to be seen if Redstone, her new board of directors and the traumatized leadership at the top will achieve the hard work of cultural change.

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Interim CBS CEO Joe Ianniello Readies For First Wall Street Closeup As Search For Permanent Boss Intensifies

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As Joe Ianniello prepares to make his inaugural appearance as CBS Corp’s interim CEO tomorrow on the company’s quarterly earnings call, the search for a permanent leader has intensified, both internally and externally.
While the former long…

Sumner Redstone’s Granddaughter Says in Email: ‘My Grandfather Is a Ghost’ (Exclusive)

Read on: TheWrapTheWrap.

Sumner Redstone’s granddaughter, Keryn Redstone, wrote in a 2016 email that the media titan had become a mumbling “ghost” — a man “incapable of understanding anything that is happening, or that has been happening around him.”

Through Sumner Redstone’s company, National Amusements, the billionaire’s family controls Viacom, which owns networks including MTV and Nickelodeon. But how much he still controls his family and business affairs is a mystery, and is disputed in multiple lawsuits.

Keryn Redstone’s email to attorneys two years ago indicate that Sumner Redstone’s “mind and his health” were in “far worse condition” than she had previously witnessed only months earlier. 

“I want to tell the Judge that my grandfather is a ghost,” Keryn Redstone wrote on Sept. 12, 2016. “Today’s meeting with my Grandfather showed me a man – who is incapable of understanding anything that is happening, or that has been happening around him.”

Also Read: CBS v the Redstones: Judge Questions Sumner’s Condition, Rules Against Deposition

“In between his fading awake state, he cried and mumbled and could not focus or concentrate,” she added.

The email matches a similar description Keryn Redstone made during a court declaration that same year, in which she said that the man she called “Grumpy” had deteriorated to the point that she felt she was “in the presence of a ghost.”

A lawyer for Keryn Redstone told TheWrap he would call back did not respond to several follow-up requests for comment. A rep for National Amusements declined comment. A person close to the Redstones dismissed the accusations as “untrue” and “unsupported.”

The email raises renewed questions about Sumner Redstone’s mental acuity. His absence from the public eye has led to speculation about whether Shari Redstone is acting on his behalf, or her own.

The Wall Street Journal reported in April that the elder Redstone has been communicating through an iPad with a voice-activated function that includes “yes,” “no,” and “f— you.” But little else is known beyond that.

She has spent much of this year trying to re-merge CBS and Viacom over the objections of CBS CEO Les Moonves, who has stepped down over accusations of sexual harassment.

Sumner Redstone separated CBS and Viacom in 2006, and it is unclear whether he supports Shari Redstone’s efforts to reunite them.

Also Read: Sumner Redstone to Drop His Viacom Board Vote

In her email, Keryn Redstone said Shari Redstone, her aunt, had kept her from seeing Sumner Redstone.

“When I asked my Grandfather if he knew who I was, he said no. When I asked him if he knew that Shari had prevented me from seeing him – he said no. I asked him if he knew who represented him – I asked him if he knew who his attorneys were – he said no. He was in and out of consciousness every 20-30 seconds. Many – if not all – my questions to him – I had to repeat several times,” Keryn Redstone wrote. 

The Redstone family is feuding over control of an estimated $40 billion media empire. On Oct. 26, California Superior Court Judge Patricia Nieto is expected to rule on a motion in a case filed by Sumner’s former girlfriend and longtime confidant Manuela Herzer.

At issue in the suit is whether Sumner Redstone had the mental capacity to hire his lawyer, Rob Klieger, to file the lawsuit against Herzer, which demands the return of $70 million that the suit says Sumner gave to Herzer.

Also Read: Viacom Stock Drops as CBS Backs Away From Merger Talks

Keryn Redstone wrote the “ghost” email to her attorneys to support Herzer’s lawsuit.

Herzer’s lawyers have argued in legal documents that there is “an ever-growing mountain of evidence… that Sumner’s estranged daughter Shari Redstone exploited — and continues to exploit — her father’s mental incapacity” by ordering family lawyers to “file this action on her father’s behalf without his knowledge or consent.”

Herzer depicts Shari Redstone as a conniving daughter hellbent on taking over her father’s media empire, with little regard to his directives.

“With no one to answer to, Shari also began removing Sumner’s long-time friends and business associates from positions of corporate power at Viacom and CBS and installing her own allies as their replacements,” Herzer’s lawyers argued in an Oct. 3 filing.

Also Read: Sumner Redstone’s Ex-Companion Sydney Holland Is Now Producing Projects ‘That Have Integrity’

Keryn Redstone, who in August 2016 petitioned the court to allow her to join the lawsuit in support of Herzer, said in her email that hired medical staff tried to turn her grandfather against her: “The nurse openly and directly participated in trying to poison my grandfather against me during my visit,” she wrote.

In a recent motion seeking a medical examination of Sumner Redstone, Herzer’s lawyers pointed to an iPhone video a form January 2018 made by Sumner Redstone’s longtime friend, Hollywood movie producer Arnold Kopelson, who died Monday at the age of 83.

According to Herzer’s lawyers, the video, which is under seal, shows “Redstone’s capacity has significantly diminished to the point where he has no ability whatsoever to work with counsel.”

Herzer’s lawyers also said that a geriatric psychiatrist, Dr. David Trader, who reviewed the video, had “serious concerns” about Sumner Redstone’s “cognitive capacity,” and found it “extremely unlikely” that Sumner Redstone could have authorized the lawsuit against Herzer.

“He has no free will and he is suffering emotionally, mentally, and physically,” Keryn Redstone wrote to her lawyers in the 2016 email. “He needs the the court to protect him and protect his interest.”

Also Read: National Amusements Officially Asks Viacom, CBS to Re-Merge: Read the Letter Here

“I want to move on this immediately,” she concluded. “My Grandfather does not have legal counsel representing him, these purported attorneys are working on the bequest of Shari – not my Grandfather – and that is unacceptable/ My Grandfather does not have capacity and he is being unduly influenced and abused and isolated.”

Peace In Our Time! CBS & National Amusements Officially End Lawsuit

Read on: Deadline.

After the September 9 announcement that the much accused Les Moonves was out as CBS CEO and the months long legal battles between the company and the Redstone family dominated National Amusements would end, it is now official.
“WHEREAS, the Parti…

CBS Stock Falls 3% In Early Trading As Les Moonves News Sinks In

Read on: Deadline.

CBS shares are down almost 4% today as investors fully digest the news about Les Moonves departing the company under a cloud.
Moonves and CBS announced his exit yesterday after allegations of sexual misconduct by more than a dozen women. Shares in CBS …

CBS Acting CEO Joe Ianniello Promises ‘Safe and Positive Working Environment’ in Post-Moonves Era

Read on: TheWrapTheWrap.

Les Moonves’ temporary successor, Joe Ianniello, sought to reassure CBS employees that the network is focused on creating a safe work environment, in a memo to staff Monday.

“And never has it been more important for us to make it abundantly clear that CBS has a steadfast commitment to diversity, inclusion and a safe and positive working environment,” Ianniello, CBS’ president and acting CEO, wrote in the letter, obtained by TheWrap. “This is an integral part of our growth plan as together we unlock the immense talents across our entire employee base.”

CBS and its controlling interest National Amusements, Inc. announced late on Sunday that Moonves would be leaving the organization after 15 years, following sexual misconduct accusations posed against him by multiple women.

Also Read: CBS Stock Falls as Market Reacts to Les Moonves’ Exit

Ianniello, who has served as the company’s COO since 2013, will take over as CBS’ president and acting CEO while the board searches for a permanent successor. The chairman position will remain open pending the appointment of a permanent CEO.

Additionally, CBS and National Amusements came to a settlement on pending litigation that was set to begin trial in Delaware next month. CBS and Moonves argued that Shari Redstone had shirked her duty to shareholders by pushing for a re-merger with Viacom, which CBS saw as potentially harmful to the value of the company.

That’s now on ice, as National Amusements has agreed to not propose CBS and Viacom recombine for at least two years. NAI has reaffirmed that it will give good faith consideration to any business combination transaction or other strategic alternative that the independent directors believe are in the best interests of the company and its stockholders.

Also Read: Les Moonves Accuser on Ex CBS CEO’s Denial He Hurt Any Woman’s Career: ‘That’s a Joke’ (Video)

Moonves’ exit comes two months after Ronan Farrow’s bombshell report in the New Yorker, in which six women accused the longtime media mogul of sexual harassment. On Sunday, a new report from Farrow in The New Yorker outlined accusations of sexual assault and harassment from six additional women.

Two investigations into the accusations are still underway, and any potential Moonves severance pay is pending the results.

Moovnes joined CBS Corporation from Warner Bros. in 1995, when he was named president of CBS Entertainment. He became chairman in 2003 and was named CEO in 2006, following the split of CBS and Viacom.

Also Read: Les Moonves Accuser on Ex CBS CEO’s Denial He Hurt Any Woman’s Career: ‘That’s a Joke’ (Video)

Read the memo in full below.

Today the Board of Directors named me as President and Acting Chief Executive Officer of CBS Corporation. I am honored to have this responsibility, and I’m excited to take on a greater role. I have been with this Company for 21 years, and I look forward to providing continuity and stability, while at the same time fostering our culture of innovation.

Today also marks a major transition for all of us as Leslie Moonves departs from CBS. Les’ departure occurs at a time when we are operating from a position of great strategic strength. As you all know, there is amazing work going on across the Company, and I feel confident we have the best people in the business to continue building on our outstanding success.

Led by CBS and SHOWTIME (and their fast-growing direct-to-consumer streaming services), as well as our major market television station group and Simon & Schuster, we also have many of the best assets in the industry.

The strength and evolution of all of these businesses has led us to where we are today – a global premium content powerhouse. Time and again, we have developed and executed strategies that capitalize on our unique and advantageous position, and what’s most exciting is that we are still in the early innings of that process.

At the heart of CBS’ ongoing success is its content, and it’s where our focus must remain. We now spend $7 billion a year on programming, which is on par with some of the largest companies in our industry. Looking ahead, as consumption continues to evolve, so will we. But content will always be at the core of our Company.

Of course, also at the core of any company is its culture. And never has it been more important for us to make it abundantly clear that CBS has a steadfast commitment to diversity, inclusion and a safe and positive working environment. This is an integral part of our growth plan as together we unlock the immense talents across our entire employee base.

Along those lines, I want to take a minute to appreciate all the fantastic work you have done these past several months, as we have continued to move our Company forward no matter the challenges. It is the people of this Corporation that make CBS what it is, and I am humbled to be leading this team. I also want to thank our remarkable Board of Directors for their immense efforts during this time, and welcome our new Board members as well. There is so much more to achieve ahead, and I thank everyone in advance for all you will do as we build on the great success of CBS.

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CBS Stock Falls as Market Reacts to Les Moonves’ Exit

Read on: TheWrapTheWrap.

Shares of the publicly traded CBS Corporation are falling as Wall Street reacts to Leslie Moonves exiting after 15 years as CEO. At the time of this writing, company stock was trading down almost 3 percent, which is about $1.50 per share.

Here is a snapshot of Monday’s early stock movement:

Yahoo Finance

Shares of CBS stock closed Friday at $56.06 apiece.

Also Read: Les Moonves to Exit as CBS CEO 2 Months After Sexual Misconduct Accusations (Report)

CBS and its controlling interest National Amusements, Inc. announced late on Sunday that Moonves would be leaving the organization. Joe Ianniello, who has served as the company’s COO since 2013, will take over as CBS’ president and acting CEO while the board searches for a permanent successor. The chairman position will remain open pending the appointment of a permanent CEO.

Additionally, CBS and National Amusements came to a settlement on pending litigation that was set to begin trial in Delaware next month. CBS and Moonves argued that Shari Redstone had shirked her duty to shareholders by pushing for a re-merger with Viacom, which CBS saw as potentially harmful to the value of the company.

Since then, Redstone changed her stance on supporting the recombination of the two companies. Now, her National Amusements has agreed to not propose CBS and Viacom merge for a period of at least two years. Furthermore, NAI has reaffirmed that it will give good faith consideration to any business combination transaction or other strategic alternative that the independent directors believe are in the best interests of the company and its stockholders.

Also Read: Ousted CBS CEO Les Moonves to Get No Severance ‘At This Time,’ $20 Million to Go to #MeToo Groups

Moonves’ exit comes two months after Ronan Farrow’s bombshell report in the New Yorker, in which six women accused the longtime media mogul of sexual harassment. On Sunday, a new report from Farrow in The New Yorker outlined accusations of sexual assault and harassment from six additional women.

Two investigations into the accusations are still underway, and any potential Moonves severance pay is pending the results.

Moovnes joined CBS Corporation from Warner Bros. in 1995, when he was named president of CBS Entertainment. He became chairman in 2003 and was named CEO in 2006, following the split of CBS and Viacom.

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Kathy Griffin Rips Julie Chen, Says Les Moonves Wouldn’t Consider a Woman for ‘Late Late Show’

Read on: TheWrapTheWrap.

Kathy Griffin just made Les Moonves’ night (even) worse. The comedian shredded the now-former CBS CEO and his wife Julie Chen (“The Talk,” “Big Brother”) in a lengthy Twitter rant on Sunday, which kicked off minutes before Moonves officially exited the publicly traded corporation.

Among her accusations, Griffin says she was interested in replacing Craig Ferguson on CBS’ “The Late Late Show,” but was told by her agents at the time that Moonves “wasn’t going to consider any women for the spot.”

Griffin’s beef with Chen appears to come mostly from stories the former “My Life on the D-List” personality has heard secondhand. She also believes Chen may have helped her husband attempt to bury Janet Jackson’s career following the singer’s infamous wardrobe malfunction on a CBS-broadcast Super Bowl, which has been written about.

Wait until you see the expletive-filled direct message Griffin says she sent Chen the other day.

Also Read: Kathy Griffin Reacts to Tomi Lahren Interview Request: ‘Go F- Yourself’

Yes, Griffin also got into that whole decapitated-Trump photoshoot thing and the weird email she says she received from a CBS board member in the aftermath. Patience.

Below is Griffin’s story in its entirety. Griffin says she wanted to share it in order to show another side of Moonves’ “misconduct.”

A) I have a story to tell and it’s related to the whole Les Moonves situation. Normally, I hate when women are blamed for their husband’s misconduct…it happens all the time. And after the first allegations against Leslie were revealed, I hoped his wife wouldn’t face blowback.

— Kathy Griffin (@kathygriffin) September 9, 2018

B) Julie Chen has always been nice to me and I had no reason to believe that she knew about her husband assaulting women before they got married. So I reached out to her and told her I would love to come on her show and I didn’t need to make it about her husband/CBS

— Kathy Griffin (@kathygriffin) September 9, 2018

C) She never got back to me…but I figured she was just swamped with the scandal and didn’t think anything of it. Then, several days ago I learned of how Julie has treated people from folks that I know personally.

— Kathy Griffin (@kathygriffin) September 9, 2018

D) @yashar‘s story about Janet Jackson having her career ruined by Leslie reminded me so much of what women faced in this business from powerful men who were offended that the women didn’t kiss their ring. https://t.co/DjQyZqhzjD

— Kathy Griffin (@kathygriffin) September 9, 2018

E) And then this clip of Julie speaking so smugly about Janet Jackson in 2017 really set me off. Julie knew her husband helped to destroy Janet’s career and this is how she speaks? https://t.co/peruGy3AZz

— Kathy Griffin (@kathygriffin) September 9, 2018

F) After the conversations I had earlier this week, I sent this message to Julie Chen last Thursday. Make no mistake, Leslie still has a ton of power and I’m going to pay for this dearly. And that’s what he and his cohorts in this town do to women in the business. pic.twitter.com/gGdbMw3vym

— Kathy Griffin (@kathygriffin) September 9, 2018

G) I feel like my career is finally headed towards a good place again, but by tweeting all this I am risking being blacklisted further. But I can’t stay quiet about the kind of shit that goes down in this industry.

— Kathy Griffin (@kathygriffin) September 9, 2018

H) I did this long thread last week about the kind of abuse that goes down in this industry that doesn’t directly involve sexual misconduct. I hope you’ll read it if you haven’t already. https://t.co/jf9y87NJlt

— Kathy Griffin (@kathygriffin) September 9, 2018

I) In early 2014 I asked my then agents (different agency from where I’m at now) if I could having a meeting at CBS about replacing Craig Ferguson. (to be clear this isn’t a ding at James Corden, I like him).

— Kathy Griffin (@kathygriffin) September 9, 2018

J) My agents told me that Leslie wasn’t going to consider any women for the spot. Yes, they met with a few women, but they weren’t actually going to hire a woman is what I was told. Welcome to reality!

— Kathy Griffin (@kathygriffin) September 9, 2018

K) Since Joan Rivers show ended in 1987, only one woman has had a show on a network (NOT CABLE) and that was @iamwandasykes in 2009-2010. In 31 years only one woman has been given a shot and that was not one of the majors (ABC, CBS, NBC). Leslie perpetuated that culture.

— Kathy Griffin (@kathygriffin) September 9, 2018

L) So Les Moonves is heading out of CBS…will anything change? Nope. People still remain silent and women are still blacklisted every day. I can promise you if I asked any number of people I know who are in entertainment and successful to speak out about Leslie they wouldn’t!

— Kathy Griffin (@kathygriffin) September 9, 2018

M) And again there are so many areas of concern in this business that don’t have to do with sexual misconduct. After the Trump photo I got this insanely inappropriate email from a CBS board member I have known named Arnie Kopelson. pic.twitter.com/zk1ATLx3zE

— Kathy Griffin (@kathygriffin) September 9, 2018

N) This letter was published in August of 2017 and CBS refused to comment to @yashar when he asked them about the email for this profile he did of me. Seriously read the email, it’s just insane what men get away with in this business. https://t.co/xbgOQmk9IB pic.twitter.com/3TY0kPAODQ

— Kathy Griffin (@kathygriffin) September 9, 2018

O) I have saved so much of the money I’ve made in my career for this very reason, so I can have the financial freedom to speak out against powerful people. Do I enjoy getting blacklisted and missing out on opportunities? No..I’d rather be working…

— Kathy Griffin (@kathygriffin) September 9, 2018

P) But this is the responsibility that comes with privilege. I really hope my women colleagues who financially secure will join me in speaking out against women like Julie and the indignities imposed on his by men in this business. It’s not going to change until we start talking.

— Kathy Griffin (@kathygriffin) September 9, 2018

Q) I want to tell everyone about my amazing lawyer Bill Sobel….Bill spoke to Ronan Farrow, on record, for his first story. Bill is also @Illeanarama‘s lawyer. At the time he spoke to Ronan, Bill had no idea if Les was going to keep his job. I’m so proud to have him on my side. pic.twitter.com/e0djJ6YOmA

— Kathy Griffin (@kathygriffin) September 10, 2018

Also Read: Kathy Griffin Appreciates That Shoutout on Eminem’s ‘Kamikaze’ Album: ‘Mama’s Still Got It’

Moonves’ exit from CBS comes two months after Ronan Farrow’s bombshell report in the New Yorker, in which six women accused the longtime media mogul of sexual harassment. On Sunday, a new report from Farrow in The New Yorker outlined accusations of sexual assault and harassment from six additional women.

Two investigations into the accusations are still underway, and any potential Moonves severance pay is pending the results. COO Joe Ianniello will take on Moonves’ chief executive role on an interim basis.

Moonves joined CBS Corporation from Warner Bros. in 1995, when he was named president of CBS Entertainment. He became chairman in 2003 and was named CEO in 2006, following the split of CBS and Viacom.

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CBS CEO Les Moonves stepped down on Sunday and is exiting the company without a severance package for now.

In a joint release with National Amusements, which controls 80 percent of the voting power in CBS, the company said that Moonves will not receive a severance package at this time, and that he and CBS would donate $20 million to one or more organizations that support the #MeToo movement and equality for women in the workplace.

“The donation will be made immediately, and has been deducted from any severance benefits that may be due Moonves following the Board’s ongoing independent investigation led by Covington & Burling and Debevoise & Plimpton,” CBS and National Amusements said in a statement.

“Moonves will not receive any severance benefits at this time (other than certain fully accrued and vested compensation and benefits); any payments to be made in the future will depend upon the results of the independent investigation and subsequent Board evaluation,” the statement continued.

Also Read: Les Moonves Exits CBS as Board Settles Ugly Legal Fight With National Amusements

Moonves’ exit comes two months after Ronan Farrow’s bombshell report in the New Yorker, in which six women accused the longtime media mogul of sexual harassment. On Sunday, a new report from Farrow in The New Yorker outlined accusations of sexual assault and harassment from six additional women.

The TimesUp organization put out a statement late last week criticizing CBS when reports surfaced that Moonves was due a $100 million severance package.

“This is a precedent-setting moment for CBS — and culture at large. A man accused of rigorously reported allegations of harassment should not be rewarded with a golden parachute,” the advocacy organization said in the statement. “Les Moonves walking away with a $100 million settlement sends a message to survivors everywhere that powerful men can act without fear of consequence. We remain in solidarity with the six women who bravely shared their stories, risking their own incomes and careers, as well as the untold other women who may still be afraid to speak out.”

Also Read: Rachel Bloom: Les Moonves Should Be Fired ‘Without Getting a F-ing Dollar’

The statement went on to point out that $100 million “is an enormous sum of money. In fact, it’s more than the average American woman will earn over the course of 50 lifetimes. Rather than reward an alleged predator, this $100 million could fund the legal defenses of countless women and men facing workplace harassment and abuse across the country.”

After the second New Yorker report,

More to come…

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Les Moonves isn’t the only face leaving CBS. Five independent directors and one National Amusements Inc.-affiliated director are exiting the company’s board, CBS and National Amusements said in a joint statement on Sunday night. They will be replaced by the following six new independent directors: Candace Beinecke, Barbara Byrne, Brian Goldner, Richard D. Parsons, Susan Schuman and Strauss Zelnick.

Bruce Gordon, William Cohen, Gary Countryman, Linda Griego and Martha Minow will remain in their places on the board, as will the NAI-affiliates, Shari Redstone and Robert Klieger.

“The ongoing members of the Nominating and Governance Committee have endorsed the new independent directors,” the CBS and NAI media release read.

Click here for more information from Sunday’s settlement, which sees COO Joe Ianiello replacing Moonves on an interim basis. Also of interest from this evening’s announcement, Moonves may not receive any severance. Additionally, he and CBS will donate $20 million to #MeToo groups.

Also Read: Les Moonves Exits CBS as Board Settles Ugly Legal Fight With National Amusements

Moonves’ exit comes two months after Ronan Farrow’s bombshell report in the New Yorker, in which six women accused the longtime media mogul of sexual harassment. On Sunday, a new report from Farrow in The New Yorker outlined accusations of sexual assault and harassment from six additional women.

In the first story, which was published in July, four women accused Moonves (pictured above with wife Julie Chen) of forcibly touching or kissing them during business meetings. Two said the CBS CEO physically intimidated them or threatened to derail their careers.

The latest report on Sunday included claims that Moonves forced women into unwanted sexual situations, including oral sex, and retaliated when they refused. One veteran television executive, Phyllis Golden-Gottlieb, said that Moonves physically assaulted her in addition to coercing her into oral sex in the 1980s. Last year, she filed a report with the LAPD. The district attorney could not press charges due to the statute of limitations expiring.

Also Read: Ousted CBS CEO Les Moonves to Get No Severance ‘At This Time,’ Will Donate $20 Million to #MeToo Groups

CBS had initially kept Moonves as CEO while hiring two law firms to investigate the accusations against Moonves as well as the larger culture within the company. The spokesman for one of those investigations confirmed to TheWrap on Sunday that the investigation is ongoing.

Moonves’ exit ends a 23-year tenure with the company, which started in 1995 when he was named president of CBS Entertainment, joining from Warner Bros. He became chairman in 2003 and was named CEO in 2006, following the split of CBS and Viacom.

Unlike C-suite level executives at other media companies, Moonves was more heavily involved in the day-to-day programming decisions at CBS. During his tenure, CBS has been among the most stable broadcast networks, beating every other network among total viewers for the past 10 years (and 15 of the past 16 years), and spearheading the launch of CBS All Access, its subscription-based streaming service.

Also Read: Rachel Bloom: Les Moonves Should Be Fired ‘Without Getting a F-ing Dollar’

In May, CBS filed a suit against Shari Redstone and her National Amusements Inc., a family-run business that controls roughly 80 percent of the voting power in both CBS and Viacom.

CBS and Moonves argued that Redstone had shirked her duty to shareholders by pushing for a re-merger with Viacom, which CBS saw as potentially harmful to the value of the company.

Moonves and CBS also laid out a plan to issue dividends that would dilute Redstone’s control of the company altogether. A trial was set to begin on Oct. 3. That’s no longer necessary.

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Les Moonves Faces New Misconduct Accusations From 6 Women

If Les Moonves Exits CBS, What Happens to His Crusade Against the Viacom Merger?

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Les Moonves Out At CBS, NAI Lawsuit Over, New Board Members In

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After months of bitter legal battles with National Amusements and two waves of sexual-misconduct allegations, Les Moonves is officially out as chairman and CEO of CBS, enabling NAI chief Shari Redstone to declare victory again.
The exit of Moonves mark…

Les Moonves: The End Is Truly Nigh & It Won’t Be With A $100M Exit Payout

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EXCLUSIVE: With a new round of sexual assault allegations against Les Moonves being reported by the New Yorker today, the clock is ticking even faster and more furious on the final hours of the CBS CEO’s reign and when the end soon comes it won’t be wi…