Twenty-First Century Fox Inc has made a decision to part ways with star cable news host Bill O'Reilly following allegations of sexual harassment, the company said on Wednesday.
"I will always look back on my time at Fox with great pride in the unprecedented success we achieved and with my deepest gratitude to my dedicated viewers".
Last week, radio host and psychotherapist Wendy Walsh said she was denied a promised opportunity to work as a Fox News contributor after she rejected O'Reilly's sexual advances.
It's no wonder the man now occupying the Oval Office was one of O'Reilly's staunchest defenders - Trump is, after all, not so different from the former Fox cable host. Before the advertising boycott, there was the prospect of even more: his audience was larger in the first three months of 2017 than it has ever been.
Meanwhile, O'Reilly's departure will dramatically alter the Fox nightly lineup. "We know that you, his very loyal viewers, will have a lot of feelings about this and we will talk more about it later on in the program". Shaunna Thomas, co-founder of UltraViolet, called for 21st Century Fox to make the results of its investigation of the accusations against O'Reilly public.
Fox sacks O'Reilly amid harassment storm
In case you haven't been keeping up with the news on Fox News, the network has been getting a lot of bad publicity over sexual harassment allegations since a number of female Fox employees accused the network's former CEO Roger Ailes of misconduct. Fox and O'Reilly paid five women about $13 million in total in exchange for agreements to not sue or speak about the allegations.
By that time, the news had already generated considerable coverage on Fox's primary cable news competitors, CNN and MSNBC.
But how many more changes can Fox News withstand? This anonymous woman's report is a chilling reminder of the strong link between sexual and racial harassment - and the desperate need for action.
After news of the settlements broke, The O'Reilly Factor lost more than half of its advertisers within a week, according to The Times.
But what matters more than ad sales is how O'Reilly's ousting will potentially impact affiliate fees, or the portion of cable and satellite subscription costs that gets paid to the specific network, DiClemente said.
21 Century Fox, Fox News's parent company, announced earlier Wednesday that O'Reilly would not return to the network.
FinnCap retained Gemfields PLC (LON:GEM) as 'Corporate'
The Firm is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. With 617,600 avg volume, 7 days are for Donaldson Incorporated (NYSE:DCI)'s short sellers to cover DCI's short positions.
Saudi February crude oil exports drop to 21-month low
Russian Federation will reach the full quota for reduction by the end of April, Energy Minister Alexander Novak said earlier. OPEC leader, Saudi Arabia, tightened February crude oil exports to the lowest since mid-2015, official data showed yesterday.
Oklahoma City Thunder: What to watch for in Game 1
Most expect either Harden or Westbrook to take home the MVP trophy on June 26 after both players had stellar regular seasons. If Nene, Clint Capela, and (maybe) Montrezl Harrell can not contain the OKC bigs, that's a huge advantage for the Thunder.
EPL: Liverpool pip West Brom
The Reds now move into third place, two points ahead of Manchester City, although the Citizens have a game in hand on Liverpool. It was Liverpool's first win in nine Premier League away games against teams managed by Tony Pulis.