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O'Reilly out at Fox News Channel, still denies allegations

21st Century Fox released the following statement this afternoon in response to the firing.

Attorney Lisa Bloom, who represents Wendy Walsh and other accusers of Bill O'Reilly, declared victory on the news that the Fox News host will not return to the network. Nomura estimated Fox News would make more than $9 billion in affiliate fees this year.

But since reports of the alleged payoffs surfaced, dozens of advertisers, including BMW, have pulled out of the show. But as outrage mounted and new allegations of inappropriate behavior surfaced, it became clear to the Murdochs and other leaders of Fox News parent company 21st Century Fox that the company could no longer afford to back the star who helped bring Fox News to prominence almost 20 years ago. Donald Trump, president of the United States and cable-TV aficionado, is also a big fan of Fox News and constantly directing his base to the channel.

Walsh, who was once a contributor on "The O'Reilly Factor", told CNN that she was "thrilled that a corporation has made this seismic shift to put women's rights ahead of their bottom line".

In contrast to Fox News, Henry Holt, an imprint of Macmillan that has published O'Reilly's best-selling books, said it was standing by him. He still went ahead and signed a new contract with Fox, however.

"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".

Mr. O'Reilly is being swept out of Fox News after revelations that he and the company paid settlements to women who accused him of sexual harassment and verbal abuse.

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Bill O'Reilly has lost his job at Fox News Channel following reports that five women had been paid m.

O'Reilly was set to return to the show this coming Monday, following an already scheduled vacation. "The O'Reilly Factor" is the linchpin of the Fox News primetime lineup, and has delivered between 3 million and 4 million viewers each night.

There is, however, one notable thing about the Times investigation: It caught the ire of O'Reilly's advertisers, and more than 50 of them dropped the show.

Now, however, they have brought down the top-rated conservative talk show on cable news.

O'Reilly is also one of the country's most popular nonfiction authors.

"If the platform continues to be powerful, they will be able to develop other personalities that hopefully don't have sexual harassment issues", he said.



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