While most have no intention to discredit the women's claims, rumour has it that the allegations are coming out as part of a political act, related to the ongoing court case between the CBS board of directors and a primary shareholder.
Aside from the claims against Moonves, the New Yorker also depicts the work environment at CBS as one fraught with unreported claims of sexual harassment and inappropriate behavior.
Farrow shared a Pulitzer Prize with The New York Times for his reporting on fallen Hollywood mogul Harvey Weinstein, which galvanized the #MeToo movement to quash pervasive sexual harassment in showbiz and other industries.
The news has the potential to rock the entertainment business landscape.
Moonves, who is under contract through 2021 and received $69.3 million in compensation previous year, is likely to receive $184 million if CBS fires him without cause. "They just kept wishing me the best of luck".
The women, most of whom gave their names, allege various incidents happened with Moonves between between 1985 and 2006.
Tensions between Moonves and Sumner Redstone's daughter, Shari, boiled over after she pushed CBS to consider merging with Viacom, effectively reversing the public breakup from more than a decade ago.
"I think there's still a lot we don't know about the investigation". Farrow also publishes new allegations against the executive producer of 60 Minutes, Jeff Fager, who was previously the chairman of CBS news from 2011-2015.
The battle between Redstone and Moonves has only intensified of late. As recalled by Town and Country, the couple first met when Moonves was still married to his first wife, Nancy Wiesenfeld, and tied the knot two weeks after his divorce from Wiesenfeld was finalized. The network consistently tops in prime-time ratings. Moonves also oversees Showtime and a film division, among other assets. Under Moonves, the company has launched CBS All-Access, a streaming service on which coveted shows such as Star Trek and The Good Fight primarily live.
Moonves has been at CBS since 1995. "Qualities that historically have rankled the CBS chief include dishonesty, disloyalty and a desire for the spotlight, with insiders noting that the men who have thrived under Moonves, a classic alpha male, tend to be egoless", the story said. It pits Moonves against Shari Redstone, who controls a majority of the voting shares in both CBS and Viacom... In its statement Friday, the CBS board said that it will "continue to focus on creating value for our shareowners".
And the board's statement suggested it might not be a coincidence. Farrow details numerous allegations that have emerged against the men of CBS in the past year: sexual harassment allegations against Brad Kern, producer of NCIS: New Orleans, a lawsuit against an executive director at CBS Evening News who encouraged a staffer to have sex with a coworker, and of course, the many allegations against network star Charlie Rose.
Redstone has since called for a "thorough, open and transparent" investigation into the Moonves allegations (via Variety).