Economy

O'Reilly fired from Fox News, still denies allegations

O'Reilly fired from Fox News, still denies allegations

After a thorough and careful review of allegations against him, the Company and Bill O'Reilly have agreed that Mr. O'Reilly will not return to the Fox News Channel.

O'Reilly had rarely been out of the headlines since a New York Times investigation revealed on April 1 that he and Fox paid five women a total of $13 million in cases spanning 15 years, in exchange for silence about his alleged behavior.

United States television network Fox News on Wednesday removed one of its most popular hosts from the company following multiple allegations of sexual harassment and "inappropriate behaviour".

The announcement comes at hard time for Fox News, whose former chairman Roger Ailes resigned past year after a sexual harassment lawsuit by former anchor Gretchen Carlson.

So I went to his executive producer and, I said he needs to apologize and he needs to never do that again, or I'm not doing his show anymore.

Conservative personality Glenn Beck - who once lost a job at Fox News Channel because a similar campaign choked his program of paying advertisers - came to O'Reilly's defense of Wednesday, but it was too late.

"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 all my dedicated viewers".

Yesterday 21 Century Fox, which owns the Fox News Channel, announced O'Reilly had been dropped.

It might take a while for the heated reactions to die down, but however you feel about the news, O'Reilly is out. Since then, another unnamed woman at Fox News came forward to accuse O'Reilly of sexual harassment this week.

Following the memo, Fox announced "Tucker Carlson Tonight" will begin airing an hour earlier to fill the time slot vacated byO'Reilly.

Kelly exited Fox News for a position with NBC News.

"The O'Reilly Factor" reportedly brought Fox more than $178 million in ad dollars in 2015 and $118.6 million in the first nine months of 2016.

With a profit centre gone, 21st Century Fox stock fell nearly 1% on Wednesday in heavy trading.

O'Reilly, denied a chance to say goodbye to his Fox viewers, did so via a statement.

The decision, coming after advertisers had begun to flee his show, ends a more than 20-year career at Fox News for O'Reilly, a best-selling author as well as one of the most popular commentators on US television. Whether O'Reilly's official departure-and Carlson's show time change-will bump ratings even higher will remain to be seen. "That's bigger than O'Reilly", he said.

Days later O'Reilly hit back on his Fox TV show.

'I think they were more of a power standpoint to put me in my place'. "It speaks to a company that has recognized that the best business decision for them is to end their relationship with Bill O'Reilly".

O'Reilly's departure was a stunning reversal for a company that had long stood by him and considered him the network's top asset. But Fox said Wednesday that wouldn't happen.


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