Time’s Up Legal Defense Fund and Time’s Up Entertainment are among the 18 recipients of a $20 million donation from CBS Corporation, an amount determined whenover sexual misconduct allegations, according to a press release issued Friday. The money was earmarked for groups focused on “eliminating sexual harassment in the workplace.”
The Time’s Up groups, which have been, will receive a combined $2 million of the sum, according to a separate press release from the organization Friday. The funds will be used in part to launch an initiative called “Who’s in the Room,” aimed at increasing female representation in the entertainment industry.
The article goes on to state the following:
The funds to all the groups will be distributed within 60 days of execution of the agreement, according to a person familiar with the arrangement. The amount each group will receive was based on their proposal and “capacity to absorb funds relative to their annual budgets.”
When Moonves exited in September, CBS said the $20 million would come out of Moonves’of $140 million. That still leaves a possible $120 million for Moonves, unless he is found to have been terminated for cause. The CBS board has until Jan. 31 to determine whether it will make the payment.
To get more information about this article, please visit CBSNEWS.COM. To weigh in, leave a comment below.
The post REPORT: CBS to shell out huge donations to Time’s Up and other groups after Les Moonves ouster appeared first on DML News.
Visit the USSA News store!
Click this link for the original source of this article.
Author: Dean Daniels
This content is courtesy of, and owned and copyrighted by, https://dmlnews.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact the USSANews.com administrator by using the contact form located in the top-left menu. Your request will be immediately honored. Please visit https://dmlnews.com for more terrific, conservative content. The owner of this website may be paid to recommend American Bullion. The content of this website, including the positive review of American Bullion, the negative review of its competitors, and any other information may not be independent or neutral.