Fox News CEO Roger Ailes is on his way out. It has become clear that it’s only a matter of when, not if. Also, a matter of money. Ailes is likely seeking a hefty payout to leave the fear-mongering network that he created.
The tide started to turn for Ailes when Gretchen Carlson sued him for sexual harassment. Days later, six more women made similar accusations. Megyn Kelly—by far Fox News’ biggest name—told 21st Century Fox investigators that Ailes harassed her. Kelly, according to New York Mag, even encouraged other Ailes victims at Fox News to come forward.
There have been reports that the Murdochs—James, Lachlan and Rupert—have given Ailes an Aug. 1 deadline. He must step down by then or risk getting fired. Yet late Tuesday, when rumors flew that Ailes was forced out with a $40 million severance package, 21st Century Fox was quick to say nothing had happened.
“Roger is at work,” read the 21st Century Fox statement. “The review is ongoing. The only agreement that is in place is his existing employment agreement.”
We’ll see how long that lasts.