The new company will have more than $28 billion in revenue and comprise brands such as MTV, Comedy Central and Showtime, as well as Paramount Pictures and publisher Simon & Schuster.
The television broadcasting company said an internal investigation found Moonves guilty of "willful and material misfeasance," and said he refused to cooperate with the probe.
US broadcaster says former CEO Les Moonves will be denied severance package after its board found him guilty of "willful and material misfeasance," and uncooperative with a probe into sexual misconduct allegations.
Chief Operating Officer Joe Ianiello will take over as interim CEO. The new accusers said the incidents took place between the 1980s and early 2000s while Moonves acknowledged relations with three of the women but said they were consensual.
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