Fox stock gains ground following O'Reilly firing

Fox stock gains ground following O'Reilly firing

As part of the terms of a contract recently signed between the veteran anchor and the 21st Century Fox cable-news outlet, O'Reilly is entitled to as much as a year of his current salary, this person said. O'Reilly went on a previously-scheduled vacation that was to end on April 24th, but now Tucker Carlson will be moving from 9 PM to O'Reilly's 8 PM timeslot.

Steel addressed O'Reilly's threat on the Daily, saying it was "unrelated" to her reporting that led to the host's ouster.

The investigation found that five women had received payouts from either O'Reilly or the company, in exchange for silence and not pursuing legal action.

The woman who remained anonymous when she alleged Bill O'Reilly sexually harassed her publicly revealed her identity today, appearing on ABC's "The View".

The women accused O'Reilly for abusing them verbally and giving them vulgar comments. At the time, the company was aware of multiple allegations of sexual harassment against him and had even reached two settlements involving such complaints.

"It's very cathartic; very cathartic", Burgess said of the news that the Fox News host had been let go before going on to recount the kind of harassment she had experienced from the beleaguered former host. As sexual allegations mounted against the boisterous, opinionated dirtbag, the Murdoch family was forced to move O'Reilly out.

For further insight into O'Reilly's future, Colbert looked to his 1998 novel, Those Who Trespass, which tells the story of a TV news host who begins stalking and killing his colleagues after he's fired.

On the other hand, 21st Century Fox released a statement as well, The company reiterated that it reviewed the allegations being thrown against O'Reilly. Gabe Sherman did a great job on MSNBC of breaking down the management failure at Fox News from top to bottom.

"The Late Show with Stephen Colbert" airs weeknights at 11:35 p.m. ET/PT on NBC. Meanwhile, the 5 p.m. time slot will be filled by Eric Bolling's new program.

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