Fox stock holds steady following O'Reilly firing

Nick Mcbride
April 21, 2017

Later, O'Reilly responded in a brief statement, insisting the the harassment allegations "completely unfounded".

Neither 21st Century Fox, which owns Fox News, nor representatives of O'Reilly would comment on the payout.

Accusations of his behavior toward women started surfacing in 2004 but things really turned against O'Reilly when similar accusations forced Fox News Founder Roger Ailes out of office.

Asked by CNN's Jake Tapper on "The Lead" about her role as a Fox News Channel contributor, Palin said, "Well, I think the key there is that you said I "used" to be with Fox - I used to be with Fox". O'Reilly's said to be paid $18.5 million a year and a replacement should cost about $3 million, Jayant estimates. A confidentiality agreement limits what the two sides can say.

Dana Perino, who has been filling in for O'Reilly since he announced an extended break earlier this month, announced that he was no longer with the network.

"This is a seismic cultural shift, when a corporation puts a woman's rights above the bottom line", said Wendy Walsh, a former guest on "The O'Reilly Factor", a show that drew almost four million viewers per night. "There's more to come", one Fox News insider told me, suggesting that there are more women with stories of harassment who have not come forward publicly. "He was the king", Camerota said Thursday on "New Day". The show even dug up O'Reilly's biggest fan, conservative pundit "Stephen Colbert" from The Colbert Report, to extend an olive branch and invite the former Fox News host to come live with him and Jon Stewart in a mountain cabin animal sanctuary.

She then followed up her firey appearance with a message to O'Reilly and about sexual harassment in general, saying men like him should be in jail and not be able to buy their way out of trouble.

CNN's Alisyn Camerota, who worked for Fox News Channel for 16 years, says a "chilling effect" there stopped people from reporting harassment.

I will always look back on my time with Fox with great pride in the unprecedented success we achieved and with my deepest gratitude to all my dedicated viewers.

"Bill and I did not see eye to eye on - anything", Colbert said during his Late Show monologue.

Other reports by VgToday

Discuss This Article