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CBS and Moonves are also immediately donating $20 million to organizations that support the #metoo movement.

The donation, to be made immediately, has been deducted from severance benefits that may be due Moonves following the CBS board's ongoing independent investigation into accusations against him.

In August, the CBS board of directors hired two outside law firms to investigate the initial claims against Moonves, as well as other reports of sexual harassment and an inappropriate culture for women throughout CBS and the CBS News division.

The New Yorker reported on Sunday that the additional six women said Moonves also retaliated after they rebuffed him, damaging their careers.

This tweet came on the heels of journalist Ronan Farrow's July report where the first of many womne would come forward to speak about their experiences with Moonves; sexual harassment and/or sexual assaults and then retibution.

Moonves, in a statement to The New Yorker, acknowledged three of the encounters while maintaining that they were consensual.

CNN reported a slightly different arrangement, citing the previously-reported $100 million number but adding: "the compensation will be deferred until the harassment investigations are completed, some of the sources said". "And I have never used my position to hinder the advancement or careers of women", Moonves said in response to Farrow's report.

Say goodbye to Les Moonves at CBS! The myriad claims range from being forced to perform oral in the workplace and exposing himself to women, as well as physical violence and intimidation. CEO Les Moonves of sexual impropriety said Monday "he took my whole career".

Moonves denied the allegations, telling the magazine: 'The appalling accusations in this article are untrue.' (Shannon Stapleton/Reuters) CBS said on Sunday that it takes such allegations very seriously.

The Time's Up movement urged CBS to "move swiftly and decisively to create a safe work environment", adding: "We will accept nothing less than full transparency of the investigation's findings".

Moonves told a portion of the CBS board about the police probe earlier this year, the New Yorker said. "As you all know, there is awesome 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".

Meanwhile, The Los Angeles Times is reporting that Moonves may be out of his role as soon as Sunday evening and according to their sources, Moonves will leave without a severance package. All the women said they still feared that speaking out would lead to retaliation from Moonves, who is known in the industry for his ability to make or break careers.

"I'm really proud to work here at CBS News", O'Donnell said.

He said Sunday's shakeup "marks a major transition for all of us as Leslie Moonves departs from CBS".

A mere eight hours after it was published, CBS announced that Moonves was out.

In turn, National Amusements agreed not to propose a combination of CBS and Viacom for at least two years.

The company also announced that it had ended a lawsuit pitting network heads against the Redstone family, whose members control an 80 percent voting stake in CBS.

Along with Moonves's departure, CBS said it had agreet to settle a lawsuit with National Amusements pending in DE that would appoint six new independent directors to the board. "Moonves was eligible for as much as $180 million if fired without cause, according to an employment contract he signed in May 2017", CBS reports.