CBS Says Les Moonves Departs as Chairman and CEO

The video discusses the current business climate, focusing on CBS's internal issues. It covers the allegations against CBS CEO Leslie Moonves, the company's response, and the implications for CBS and Viacom. The New Yorker reported multiple allegations of misconduct, prompting CBS to act swiftly. The video also touches on the shareholder battle involving Shari Redstone and the potential for CBS to move forward with more clarity.

What was the reported severance amount negotiated for the CEO of CBS?

What implications did the CBS situation have for the Viacom saga?