Bill O’Reilly Will Receive Up To $25 Million Payout From Fox News
As he leaves Fox News, cable news king Bill O’Reilly will receive a payout of up to $25 million, or the equivalent of one year of his salary, the New York Times is reporting.
The 67-year-old TV personality was forced out Wednesday following a series of sexual harassment allegations against him, as well as an investigation that revealed more complaints from women about his behavior at the company.
This means that 21st Century Fox, the parent company of the news network, has now paid more than $85 million in payouts related to sexual harassment allegations at Fox News when coupled with the scandal-scarred reign of former CEO Roger Ailes.
Earlier in 2017 and aware of multiple allegations of sexual harassment, the network extended O’Reilly’s contract by four years, putting in provisions that he would be dismissed if additional allegations were leveled against him, the Times reports. The contract also reportedly included provisions aimed at O’Reilly addressing his behavior.
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