Departing CBS CEO Leslie Moonves could walk away from the media empire empty-handed, veteran media analyst Porter Bibb predicted Monday.
Bibb, a tech and media analyst with more than 40 years of experience on Wall Street, said Moonves will not receive the $100 million exit package the board is considering if allegations reported by journalist Ronan Farrow in Sunday's New Yorker article and another in July turn out to be true.
The second New Yorker article on Sunday contained allegations by six more women. Moonves denied the accusations and characterized his relationships with some of the women as consensual.
"He's denying [the allegations] strongly, and I think he's going to end up getting zip," the managing partner at Mediatech Capital Partners said in an interview with CNBC's "Squawk Box."
CBS announced Sunday evening that Moonves is leaving his post as chairman, president and chief executive officer after numerous allegations of sexual misconduct that spanned much of his career.
CNBC had reported last week that CBS was considering a $100 million exit package for Moonves. The money Moonves could receive is pending the results of an ongoing independent investigation into his conduct.
Bibb said the news Sunday has investors worried about the media company's future. He predicted there will be more accusers coming forward.