Now the firms have even more to examine.
Redstone had been pushing to merge CBS and Viacom, and Moonves had opposed the move.
Redstone's allies will point to her position as controlling shareholder; accuse Moonves of plotting a jailbreak attempt; and cite the misconduct allegations.
Sunday's developments are an extraordinary confluence of events - a boardroom battle royale and a #MeToo case at the C-suite level. The statement sent out today confirms that there are no plans to merge CBS and Viacom for at least two years after the date of the settlement.
In other words, the details and dollar amounts may not be determined for weeks or months.
That's what advocacy groups like the Times Up initiative would like to see.More news: Paraguay moves its Israel embassy out of Jerusalem after four months
Chief Operating Officer Joseph Ianniello will serve as president and acting CEO until the board finds a permanent replacement.
The New Yorker piece, which was first published on Sunday, includes six additional incidents that allegedly took place between the 1980s and 2000s.
Instead, the board retained a pair of law firms to investigate the allegations.
The Financial Times said imminent boardroom changes meant Mr Moonves would lose support and he was resigning because this would entitle him to a hefty severance package, including stock options. It is unclear when he first knew that he had to go. While Jackson was made to give an apology, this reportedly wasn't enough for Moonves, who was convinced that the stunt was intentional.
In response to allegations described in the New Yorker report Sunday, Moonves said he "never used my position to hinder the advancement or careers of women".More news: Will President Donald Trump Replace Secretary Of Defense James Mattis?
The magazine on Sunday reported the on-the-record accounts of six women alleging that Moonves assaulted and harassed them, including by forcing oral sex, exposing himself without their consent, being physically violent and otherwise retaliating against them professionally when they rebuffed his advances.
Moonves denied the allegations, and characterized his relationships with some of the women as consensual.
Farrow had a different explanation.
The board wants conditions to recover some of the money if the allegations are confirmed, CNBC reported, though it is not clear whether there were conditions for a similar clawback if more accusers stepped forward. "And that really is integral to what prompted this followup story". A spokesman for the board did not immediately return requests for comment.
These allegations speak to a culture of toxic complicity at CBS, where the safety of women was continuously ignored to protect the careers of powerful men and the corporation.More news: Introducing the All-New Amazon Fire HD 8
CNN just reported that Moonves "will step down soon as part of a wide-ranging corporate settlement of a separate fight for control of CBS". But if he is removed "for cause", relating to the harassment allegations, for example, such an eye-popping severance package would not be in play. Recent reports indicated a potential payout in the range of $100 million. As a result of Farrow's article, more women are coming out of the woodwork to share their experiences of harassment, intimidation, and assault at the hands of the executive.