Fox News' Roger Ailes To Be Ousted

Fox News Channel's longtime chairman and CEO Roger Ailes will be removed -- perhaps as early as this week, according to a report in New York magazine.

The magazine says this comes after reviewing a sexual harassment investigation, stemming from a lawsuit filed by departing on-air host Gretchen Carlson, as well as a probe about Ailes’ controversial management style.

One source in the magazine says Rupert Murdoch, co-chairman of 21st Century Fox and his sons co-chairman Lachlan Murdoch and CEO James Murdoch agree that Ailes should go. James Murdoch is said to be arguing that Ailes should be presented with a choice this week to resign or face being fired.

Fox is also considering making this announcement after the Republican National Convention concludes this week.



For the most recent second-quarter period, Fox News Channel has been the second-highest-rated cable network in terms of overall viewers in prime time -- a Nielsen average of 1.995 million viewers. Fox News was the No. 1-viewed cable network in terms of total day viewing, averaging 1.4 million viewers.

This is largely a result of increased interest in the presidential race this year, especially given Republican candidate Donald Trump's performance, say analysts. A Fox News representative did not respond to inquiries by press time.

Over the past year, says the cable news network has pulled in $720.6 million in national TV advertising. In overall revenues, Fox News pulls in around $2.4 billion, according to sources.

Fox News Channel launched in 1996 with Ailes as its CEO.

1 comment about "Fox News' Roger Ailes To Be Ousted".
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  1. Ed Papazian from Media Dynamics Inc, July 18, 2016 at 4:54 p.m.

    Wayne, your last paragraph is rather confusing. Do you mean that the entire Fox TV empire, including its primetime entertainment fare as well as the Fox cable news channel pulls in around $2.4 billion annually?

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