Karma Alert: Janet Jackson celebrates Rock and Roll HOF induction as Les Moonves’ career crumbles

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Les Moonves, the former CEO and chairman of CBS has been denied a $120 million severance payout amid sexual assault allegations that has rocked his career, the Huffington Post reports.

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The company determined that Moonves wouldn’t get the hefty settlement or “any severance payment” for that matter, after an investigation. Moonves stepped down from CBS in September after the sexual abuse allegations came to light.

As Moonves’ empire crumbles, many have taken to social media to bring attention to his role in sidelining Janet Jackson’s career after a wardrobe malfunction at the Superbowl XXXVIII in 2004 with Justin Timberlake. They also noted the fact that she’s now getting her just due with an induction in the Rock and Roll Hall of Fame, after many years of having Moonves inflict revenge on Jackson after her breast was exposed.

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Jackson’s induction comes after her third time as nominee and many saw it as overdue, given her prowess as a hitmaker with “All For You,” ”That’s the Way Love Goes,” ”Nasty,” ”Together Again” and “What Have You Done For Me Lately.”

Her career is said to have suffered from the fallout after the incident. CBS itself was slapped with a $550,000 Federal Communications Commission fine as well as a load of criticism.

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While Timberlake seemed to come out unscathed after the ordeal and after issuing an apology, sales of Jackson’s “Damita Jo” album the same year, tanked.

According to sources, Moonves didn’t think it was a wardrobe malfunction but instead an intentional act to drum up controversy.

He went on to ban Jackson and Timberlake from the 2004 Grammys broadcast airing a week after the Super Bowl. However, Timberlake escaped punishment and was perform because he tearfully apologized. Jackson reportedly became a target of Moonves hit list to destroy because he thought she wasn’t repentant enough, sources said.

Moonves ordered VH1 and MTV, and all Viacom-owned radio stations, to halt playing Jackson’s music and videos, which impacted sales.

The grudge lasted for years, but now karma is having its way.

The Associated Press contributed to this report.