Julie Chen Absent From 'The Talk' to Be with Les Moonves

CBS President and CEO Les Moonves

Julie Chen announced Monday she's taking some time off from CBS's "The Talk", a day after her husband Les Moonves resigned as chairman of the network amid a fresh wave of sexual misconduct allegations.

CBS also announced that Moonves has agreed to donate $20 million to #MeToo organizations promoting equality in the workplace.

"The donation, which will be made immediately, has been deducted from any severance benefits that may be due Moonves", the CBS statement said.

In a report Sunday in the New Yorker, six women alleged incidents of sexual harassment and assault between the 1980s and early 2000s that included forced oral sex, exposing himself without consent and the use of physical violence and intimidation to silence them, Ronan Farrow reported.

As part of the deal, CBS and Shari Redstone's controlling shareholder National Amusements will end its lawsuit as Redstone agrees not to merge the broadcaster with Viacom for at least two years. As of this writing, no one affiliated with CBS or with Moonves have commented publicly on the ongoing negotiations between the two.

She went on to say she can't wait for the day where "women are equal, where these stories won't have to happen anymore".

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Moonves could gain $120 million in severance - or he could receive far, far less.

"CBS's days as an independent public company are numbered", said Lloyd Greif, a Los Angeles-based investment banker who closely follows the company. But CBS News reported Monday that Moonves severance package was about $80 million.

With Moonves out, the likelihood that CBS will get sold has become much higher, said Greenfield.

"[Ms. Redstone has said] the biggest obstacle was the presence of Les Moonves, so when CBS attempted to dilute the voting power of the Redstone stock ... they own 79 percent of CBS", Napolitano said.

The comedian's tweets came after news broke that Moonves would be stepping down from his position amid new sexual misconduct allegations - and Griffin said she heard secondhand that Chen had been more complicit than Griffin had initially believed.

Leslie "Les" Moonves, president and chief executive officer of CBS Corp., listens during a Bloomberg Television interview in New York City, Oct. 14, 2015.

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Moonves denied the new allegations in a statement, saying only that he had consensual relations with three of the accusers years ago.

In addition, five independent directors and one director affiliated with parent company National Amusements (NAI) have stepped down from the board, and will be replaced by six new directors. "I can only surmise they are surfacing now for the first time, decades later, as part of a concerted effort by others to destroy my name, my reputation, and my career", he said.

"It's very embarrassing and upsetting to have to talk about her husband", Osbourne adding, acknowledging she knows Moonves only "in a superficial way".

"I really hope my women colleagues who financially secure will join me in speaking out against women like Julie and the indignities imposed on his by men in this business", she concluded.

"These are more numerous claims, these are six women all of them on the record, also describing more serious allegations", Farrow said on CNN's "Reliable Sources" shortly after The New Yorker published the followup.

The settlement was made official on Sunday night.

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In later incidents, Golden-Gottlieb says Moonves left his office and returned not wearing trousers and that he threw her against a wall.

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