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Ousted CBS CEO Les Moonves said to start his next venture in Hollywood



Ousted CBS CEO Les Moonves runs a new company, and his former employer pays for office space, The New York Times reports.

1; thus denying a departure package of $ 120 million.

The position is that Moonves & # 39; agreement with CBS assumes that the company must pay for Moonves' office services for no less than one year, The Times repo

CBS did not immediately respond to CNBC's request for comment. A Moonves spokesman confirmed to T imes that Moonves had an office in the building but refused to comment further.

Read the full New York Times story here.


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