Bill O'Reilly Is Out At Fox News

"But that is the unfortunate reality many of us in the public eye must live with today", he said in a statement of the "tremendously disheartening" news.

Motormouth Bill O'Reilly has been booted from the Fox News Channel after the network shelled out millions in hush money to women who said he sexually harassed them.

Bill O'Reilly is being forced out of Fox News (NASDAQ:FOXA) following claims of sexual harassment against the host. More than 50 advertisers had abandoned his show since this information came to light. O'Reilly's ratings overshadow Carlson's, and his show's viewership fell this week while he was on vacation and other Fox hosts subbed in.

Negotiations over O'Reilly's departure have moved quickly, according to a report in New York Magazine.

A small group of protesters chanting "Fire Bill O'Reilly" rallied on the doorstep of the network's Sixth Avenue headquarters on Tuesday.

Up to four million viewers watched "The O'Reilly Factor" each evening, making it the most-watched cable TV program in 2016 and generating $446 million in ad revenues for Fox between 2014 and past year, according to a study carried out by Kantar Media. After 21 years on air, Fox News has fired the cantankerous talking head after his history of alleged sexual harassment came to light.

This decision follows an extensive review done in collaboration with outside counsel.

Fox said that Tucker Carlson will take over O'Reilly's 8 p.m. timeslot. Shares in Twenty-First Century Fox were down less than 1 per cent at $30.50 in Wednesday afternoon trading.

Ruddy said he would want to know more about the issues surrounding O'Reilly's ouster from Fox.

Fox News has cut ties to "The O'Reilly Factor" host Bill O'Reilly, 21st Century Fox confirmed in a statement Wednesday. You failed him, you failed Bill O'Reilly.

Twenty-First Century Fox had tapped the law firm Paul, Weiss Rifkind, Wharton & Garrison, which also looked into the allegations against Ailes, to investigate O'Reilly's conduct. Olbermann said that when he was working at Fox Sports in 1999, he helped a friend get a job at Fox News.

According to Forbes , The O'Reilly Factor brought in roughly $110.8 million in advertising revenue past year, and from 2014 to 2016, the show generated $446 million in ad revenue.

"That's bigger than O'Reilly", he said.

On Wednesday, he was seated in the VIP section, where a photographer from the Vatican newspaper L'Osservatore Romano snapped a photo of Francis reaching out to shake his hand.

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