What Moonves Stands to Lose If Fired From CBS

The transcript discusses the potential financial implications for Les Moonves if he is let go from CBS, including the loss of up to $300 million. It explores possible outcomes, such as special agreements, and details his contract, which includes a future role as a senior adviser. The discussion also covers the high salaries of media executives and the board's considerations regarding Moonves' situation, including public relations and investor impact.

What is the potential financial loss Les Moonves could face if he is fired for cause?

• Up to $100 million

• Up to $200 million

• Up to $300 million

• Up to $400 million

What is one possible outcome for Moonves that involves a compromise?

• He is fired without any compensation

• He steps down and receives partial compensation

• He continues as CEO without any changes

• He is demoted to a lower position

What role could Moonves potentially take on at CBS after his contract ends?

• Head of Human Resources

• Marketing Director

• Senior Adviser

• Chief Financial Officer

Why are media executives often among the highest-paid CEOs?

• They have more responsibilities than other CEOs

• They have the most experience in the industry

• They work longer hours than other executives

• They manage highly paid superstars

What might be a bigger concern for CBS than the financial cost of Moonves' salary?

• The need to hire a new CEO

• The impact on public relations

• The effect on employee morale

• The cost of legal fees