Saturday, February 9, 2019

Les Moonves Seems To Be Back In The Industry

Les Moonves
Les Moonves is aparently at the helm of a new business venture just months after being ousted from CBS over a string of sexual misconduct allegations.

The Hill reports Moonves is heading up Moon Rise Unlimited, The New York Times reported Friday, citing a filing with the California secretary of state's office.

According to the filing, Moon Rise is a limited liability company that will focus on “entertainment services.”

CBS is reportedly footing the bill for Moonves’s office space for a year as part of his exit agreement.

The filing shows that Moonves has also formed Moon Rise Technologies and Moon Rise Productions to provide streaming services and entertainment production assistance, respectively, according to The NYTimes.

However, the three companies have all maintained low profiles, with Moon Rise Unlimited not even creating a website or seeking any promotion.

Moonves has denied all the misconduct allegations made against him and maintained that any sexual encounters were consensual. He is currently gearing up for a legal battle with his old company over his severance.

CBS had said it will not pay him any of the $120 million severance package he was due under his employment contract, saying he did not cooperate with an internal company inquiry into his behavior and misled investigators.

The network has also been paying Moonves’s legal fees as part of his exit agreement, though Moonves would have to pay for it himself if CBS wins the severance fight.

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