Tuesday, 25 April, 2017

Fox stock holds steady following O'Reilly firing

Maxine Waters'Bill O'Reilly is not going to be recorded favorably in history Aaron P. Bernstein Getty Images
Alfredo Watts | 21 April, 2017, 20:03

The company said in a statement, "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".

This time of year, I grab some vacation because it's spring and Easter time. Wednesday's firing of defining personality Bill O'Reilly will be its toughest test yet. He met Pope Francis because why would you not?

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 NPR media correspondent David Folkenflik is here.

"We have a whole host of people accepting that as just something men do as opposed to understanding it as predatory behavior that is not only immoral but is also illegal", said Hill, now a professor on gender, race and social policy at Brandeis University. Fox already has to blast now-ubiquitous "Fox News Alert" banners, ad nauseum, in order to keep its viewers interested through their 24/7 news cycle. "But thank God it stopped now with Bill O'Reilly at Fox". "It's all his fault", she said on "Anderson Cooper 360".

"It's not like they brought in Shep Smith or a news anchor", Carusone said.

Now, after weeks of being condemned by the public, the company has made a decision to let go of one of its prominent announcers.

Hours after his ouster, his program was on air under the same name, but with the conspicuous absence of O'Reilly's name: The Factor.

The debacle at Fox News Channel is a stunning reminder that news organizations are businesses, first and foremost.

The exact financial terms of O'Reilly's exit package are not known, said the NYT, but it is expected that the company will disclose them in future regulatory filings. And at the same time, you know, you don't want your top-rated show to have only four or five advertisers an hour.

"So no formal sending to Rupert until after the call", O'Reilly said, adding, "You all should know that I will not put up with much more from FNC". As examples of how the network had yet to change, the employees pointed to the fact that Bill Shine and Jack Abernethy, the network's co-presidents and former lieutenants to Ailes, remained in their positions.

O'Reilly, 67, was forced out of the network on Wednesday following the disclosure of a series of sexual harassment allegations against him and an internal investigation that unearthed more women with complaints about his behavior. Hayes played a series clips in which the former Fox News star said racially sensitive things.

"I think the key there is that I used to be with Fox".