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ibusinesslines.com April 29, 2017


Bill O'Reilly Out At Fox News After 20 Years

20 April 2017, 04:11 | Myron Mathis

Tonight: Mad Lib Theater With Kevin Spacey

Tonight: Mad Lib Theater With Kevin Spacey

In an internal memo obtained by Business Insider, News Corp.

A pedestrian walks past the News Corp. headquarters building in NY displaying posters featuring Fox News Channel personalities including Bill O'Reilly, right, on Wednesday, April 19, 2017.

Except, now, there is one major difference - Trump still has a job, while O'Reilly doesn't.

O'Reilly remained defiant, calling it "disheartening" that he was pushed out of the network "due to completely unfounded claims".

For Fox executives, it was not clear when it would end.

(AP Photo/Mary Altaffer). A poster featuring Bill O'Reilly is displayed at the News Corp. headquarters in Midtown Manhattan, Wednesday, April 19, 2017.

Today's decision seemed unimaginable a few short weeks ago, given O'Reilly's long reign as the top-rated host in cable news.

(Photo by Frank Micelotta/Invsion/AP, File).

"The O'Reilly Factor" has been the most watched programme on Fox News and was coming off the highest-rated first quarter in its history, averaging 4 million viewers, according to Nielsen.

In September, Greta Van Susteren, anchor of Fox News' On the Record since 2002, abruptly left the cable news channel.

Despite the scandal, O'Reilly continued to attract viewers.

Yet, that wasn't enough to save his job; the company said Wednesday that 21st Century Fox and O'Reilly "agreed" that he wouldn't return.

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. Such allegations drove Roger Ailes from the company.

Kelly exited Fox News for a position with NBC News.

That certainly could happen, though it probably won't be easy.


A statement from channel boss Rupert Murdoch suggests The O'Reilly Factor has been axed amid allegations of inappropriate behaviour. Eastern time slot, Fox News said.

In the wake of the Times report, two more women have come forward to accuse O'Reilly of harassment, one anonymously. Bill's most recent salary was $20 million per year.

With a profit center gone, 21st Century Fox stock fell nearly 1 percent Wednesday in heavy trading.

O'Reilly's departure will not have any effect on Twenty-First Century Fox's overall profitability, said Brian Wieser, an analyst at Pivotal Research.

A fairly new addition to the evening lineup, Tucker Carlson will slide into the 8 p.m. time slot in place of O'Reilly. If you would like to discuss another topic, look for a relevant article. Even if there's some disruption in ad rates or spots, he said, there's a "massive backstop" in those payments, which are long-term deals.

O'Reilly is also one of the country's most popular nonfiction authors.

And 21st Century Fox is much bigger than O'Reilly, Fox News and its aging, conservative audience.

It's also home to ambitions that the O'Reilly crisis may have hindered.

O'Reilly had not directly denied the allegations, saying he was "vulnerable to lawsuits from individuals who want me to pay them to avoid negative publicity".

As the news rolled into Twitter, users reacted accordingly. The larger issue here is more of the he said, she said that is going on regarding whether or not O'Reilly is guilty of anything.

Following the Times story, Fox parent company 21st Century Fox said it had asked the same law firm that investigated Ailes to look into O'Reilly's behavior.

Walsh does not have a legal claim against O'Reilly due to the statute of limitations on harassment cases in NY and California, but she did report the matter to the human resources hotline of the company earlier this month.

Sources with knowledge of the matter say that Rupert Murdoch was in favor of keeping O'Reilly because of his value to the company, and because he chafes at the thought of caving to public pressure.

Lisa Bloom, who represents three women accusing O'Reilly of sexual harassment, called the announcement by Fox News a victory for victims who were fearless enough to come forward and hopes more will now do the same.

"Our plans have not changed", a spokeswoman said. You failed him, you failed Bill O'Reilly.



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