learningandfinance.com


Culture&Arts

Things You Need to Know About Fox News Cutting Bill O'Reilly

Share
Richard Drew AP File

"After a thorough and careful review of the allegations, the Company and Bill O'Reilly have agreed that Bill O'Reilly will not be returning to the Fox News Channel", the statement said.

Bill O'Reilly has spoken out following his departure from Fox News amid harassment allegations.

Despite the vacation, the pressure is staying on O'Reilly and 21st Century Fox, which is looking into at least one complaint about his behavior.

O'Reilly, 67, lost his job on the same day he was photographed in Rome shaking the hand of Pope Francis.

He said he was proud of what he termed "one of the most successful news programs in history", thanked his viewers and wished "only the best" for Fox News.

Twenty-First Century Fox Inc has chose to part ways with star cable news host Bill O'Reilly following allegations of sexual harassment, the company said on Wednesday.

O'Reilly had spearheaded the networks' primetime lineup for over two decades.

In an interview with The New York Times, Fox News contributor Jehmu Greene claims that O'Reilly once made a comment about breaking her back while attorney Lisa Bloom announced that she is now representing Caroline Heldman.

A staunch supporter of President Donald Trump, O'Reilly has been an anchor at Fox News since he started at the network in 1996.

"The only reason I am telling this story is because Gretchen came out and took on Fox News", Powers said.

Lawsuit: Man deported after being part of protection program
The lawsuit seeks records explaining why Montes was deported to Mexico, alleging violations of the Freedom of Information Act. He was given deferred action in two previous instances under DACA - but this time was different.

Virtu Financial inks $1.4bn deal for KCG Holdings
JPMorgan Securities was the lead financial adviser to Virtu, while KCG was advised by Goldman Sachs. Virtu said it expects to migrate trading of the combined company onto a single platform.

Netflix Reported better-than-expected Earnings in the first quarter
But if it wants to keep investors happy, the company will eventually have to improve its relatively low profit margin. Netflix earnings for the first quarter came to 40 cents per share, which was 3 cents better than analyst expectations.

The six sources who spoke to CNNMoney described O'Reilly as mean and self-centered, and said he was widely disliked at the company.

Carlson's current 9 p.m. slot will be filled by the panel talk show "The Five", which will be replaced at 5 p.m. with a new show hosted by Eric Bolling, now a co-host of "The Five" and a frequent fill-in host on "The Factor".

O'Reilly has been the host of The O'Reilly Factor since 1996.

The news was discussed by Howard Kurtz, Fox's media analyst, during a segment on the network's 6 p.m. program "Special Report".

Eyes will now focus on O'Reilly's replacement.

"The O'Reilly Factor" generated $178 million in advertising revenue in 2015, according to Kantar Media.

While O'Reilly hasn't responded publicly to the latest allegation, he has said generally that the allegations against him are completely "unfounded".

As Fox News scrambles to retain an image of "respect" and "truth", it is clear that O'Reilly's replacement in the form of Carlson will have to be much more than just a simple rescheduling of time slots and on-air content. On Tuesday, New York's Gabriel Sherman reported that the Murdochs were leaning toward dropping O'Reilly.

"He caught up with me and said, "no, come back to my suite", Dr Walsh said, adding she refused the request.

"Getting rid of the old guard is a way to do that", said Dan Cassino, a professor at Fairleigh Dickinson University and the author of "Fox News & American Politics: How One Channel Shapes American Politics & Society".

Share