The CBS board, Moonves and Shari Redstone - president of National Amusements, Inc. and CBS' controlling shareholder - were engaged in a bitter business dispute even before the first sexual misconduct allegations against Moonves.
In an article published by The New Yorker on Sunday, journalist Ronan Farrow details the allegations of six more women who claim Moonves forced them into unwanted sexual situations and allegedly retaliated when they refused. And I have never used my position to hinder the advancement or careers of women. CBS had reportedly hired two law firms to investigate prior claims against Moonves, who will be exiting the company before the investigation concludes.
They say CBS has reached a deal on a package for Mr Moonves' resignation.
CBS Corp. did not return a request for comment.
The New Yorker on Sunday published a second round of reporting on Moonves, adding to a July report in which women accused him of sexual harassment and intimidation.More news: Nadal and Thiem battle in NY
The six women in the latest piece allege sexual harassment or assault by Mr Moonves between the 1980s and the first decade of this century. It's unclear at this time who will succeed Moonves as CBS' CEO. She did file a criminal complaint a year ago, but the LAPD couldn't pursue the case because statute of limitations had passed, despite finding her claims "credible and consistent". Moonves said in a statement following the incident that CBS was "angry and embarrassed" by the malfunction. The news comes three days after a Huffington Post report claimed that Moonves had tried to destroy Janet Jackson's career following 2004 Super Bowl "wardrobe malfunction".
CNN also reports that Farrow told the network numerous women involved in the allegations have been frustrated with CBS' board's handling of the situation.
Moonves gave the The New Yorker a statement strongly denying any wrongdoing and his wife Julie Chen has been defending her husband.
The women have said that Moonves forced himself on them, and that their careers suffered after they rejected his advances.
The report identifies a named accuser, television executive Phyllis Golden-Gottlieb, who filed a criminal complaint previous year that accused Moonves of "physically restraining her and forcing her to perform oral sex on him, and of exposing himself to her and violently throwing her against a wall in later incidents", during their work together in the late 1980s.
He said on CNN that "these women are coming out now" because "they have been extraordinarily frustrated by what they perceive to be inaction on the part of CBS and its board". This money, the amount of it, is dependent on the outcome of this investigation and what CBS believes to be truthful and accurate and real allegations of sexual misconduct. "In my 40 years of work, I have never before heard of such disturbing accusations", Moonves said.