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21 April 2017, 03:07 | Charlene Valdez
Bill O'Reilly now has the opportunity to take an extended vacation after 21st Century Fox chose to part ways with the TV host. Bill O'Reilly is leaving as of today after what our parent company, 21st Century Fox, called an extensive review of sexual harassment allegations against him, allegations that O'Reilly again today called completely unfounded.
The scandal, which was initially reported by The New York Times, had motivated about 50 companies - including big names such as Mercedes-Benz, Hundai and BMW - to withdraw their advertising from "The O'Reilly Factor", the host's evening programme. "He's been the linchpin" of the lineup, said Jane Hall, an American University professor and former Fox contributor, who noted that it will take a while to see whether his loyal audience sticks with O'Reilly's replacement.
O'Reilly said in the statement at the time that he had settled only to spare his children from the controversy. This law firm has uncovered evidence that the smear campaign is being orchestrated by far-left organization bent on destroying O'Reilly for political and financial reasons.
Greene claims that O'Reilly urged her to show more cleavage back in 2007 while she was in makeup, and two years later made the comment about breakign her back. It's the top-rated show on the No. 1 cable network - one that, according to the investment bank Nomura's estimates, accounts for fully 20 percent of profits at 21st Century Fox.
But after The New YorkTimes report, advertisers including BMW of North America, Allstate Corp, French pharmaceuticals maker Sanofi SA and T Rowe Price, pulled their advertising from O'Reilly's primetime show.
"I'd love to talk to him", Newsmax CEO Christopher Ruddy told CNNMoney Wednesday afternoon.
The "Factor" was the hub of O'Reilly's business, but he has many other spokes, including a line of best-selling books and stage shows at theaters. "You can't underestimate the influence and the profits that he brought into Fox News for all these years and that's why they hesitated so long in doing the right thing".
It's also home to ambitions that the O'Reilly crisis may have hindered.
The National Geographic channel has turned several of O'Reilly's books into TV movies. He has also had best-sellers with everything from the memoir "A Bold Fresh Piece of Humanity" to his most recent work, "Old School", which includes passages urging the respectful treatment of women. Ousting O'Reilly, he said, "does not speak to a changed culture". O'Reilly had a brief handshake with Pope Francis. Burke, a former Fox News correspondent in Rome, denied having facilitated the tickets. Such tickets can be obtained via special request to the papal household from embassies, high-ranking churchmen or Vatican officials. The five women who received settlements either worked for O'Reilly or appeared as guests on his programme, according to the New York Times story.
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