Welcome to Axis ProRata, a podcast that takes just 10 minutes to get you smarter on the collision of tech business and politics.

I'm Dan Premack. On today's show, Amazon's latest HQ2 headaches and another episode of Trump versus the Fed.

But first, no more Mr. Moonvess. When Les Moonvests stepped down as CBS' chairman and CEO in September, after lots of allegations

of sexual misconduct, he was said to be in line for a severance package of around $120

million.

But that was only pending the results of an independent investigation into his conduct, and

suffice it to say, it didn't quite go his way.

So CBS yesterday announced it's going to hold on to the $120 million, basically determining

that there were grounds to terminate Moonvest for cause, not only for the awful things he said

to have done to women at CBS, but also for his, quote, willful failure to cooperate fully with the company's investigation, end quote.

So of all the media titans deservedly felled by the Me Too movement, MoonVess is arguably the biggest.

Remember, he took a perennial third place network and turned it into the top dog, thanks to shows like CSI and Big Bang Theory, and also showed a pretty deft hand in the streaming space, at least compared to his rivals.

But none of that was enough to save him or his money, and CBS still has an enormous amount of work to regain the trust of employees, shareholders, advertisers, and audience.

Remember, it was just last week that we learned of yet another sexual harassment scandal there.

This one involving an actor who still actually remains the title character of a CBS drama.

So, in short, consider this to be a bit of a cliffhanger.

In 25 seconds, we'll go deeper on this with Axios media reporter Sarah Fisher.

But first, this.

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