Stephen Colbert and 'Stephen Colbert' bid farewell to Bill O'Reilly

Owen Stevens
April 21, 2017

It now has to show that it can hang on to its loyal army of conservative viewers, improve its working culture, and still continue to make big bucks for its corporate parent.

O'Reilly was sacked Wednesday amid a string of sexual harassment allegations.

The New York Times reports that an African-American woman - who remains anonymous - came forward this week with allegations of her own, saying O'Reilly would at various times grunt like a "wild boar" at her desk, leer at her and refer to her as "hot chocolate".

And then his conservative alter ego returned to share his thoughts on O'Reilly's firing. The network's parent company, 21st Century Fox, announced the move in a statement Wednesday.

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

However hard it might be for Fox to replace all the revenue O'Reilly generated, the uproar was a distraction for 21st Century Fox as it seeks regulatory clearance for its $14.6 billion acquisition of Sky Plc, the UK-based satellite-TV provider.

Bill O'Reilly's departure from Fox News might not hurt the network as much as people think. "The O'Reilly Factor" has generated a huge ad bonanza for Fox, one that yielded more than $178 million in 2015. His show was the top-rated cable news show for the last 15 years. Tucker Carlson will take over his 8 p.m. ET time slot.

O'Reilly's "Killing" historical series, including "Killing Lincoln" and "Killing Reagan", have consistently sold 1 million or more copies in hardcover, a rare achievement in publishing, and his platform on Fox enabled him to promote his work.

Perino did not address the reasons for O'Reilly's dismissal.

"Bill O'Reilly has been subjected to a brutal campaign of character assassination that is unprecedented in post-McCarthyist America", Marc Kasowitz said in a statement. "Like him or not, a lot of people watched him". On Wednesday, Bill O'Reilly followed Ailes out the door.

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

Fox plainly hopes that the brand and point of view it has developed is stronger than any single personality, even one as outsized as O'Reilly. Its previous effort died in 2011, a casualty of the phone-hacking scandal at Rupert Murdoch's British newspapers. It's now trying again, although a United Kingdom media regulator must certify that the combined company would be a "fit and proper" owner of the broadcaster. He is an incredibly talented broadcaster who raised the bar for interviewers everywhere.

"Fox News's dominance stems from the consistency of its messaging and the loyalty of its broader audience more than from the success of star anchors", said Jayant, who has an outperform rating on the stock.

Murdoch expressed in a letter praising their former employee for his accomplishments on the network.

"Thank god it's stopped now with Bill O'Reilly at Fox", she concluded. No more. It's a new news world without Bill O'Reilly.

Other reports by VgToday

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