Published: Fri, April 21, 2017
U.S. | By Eddie Scott

Bill O'Reilly May Receive Up to $25 Million In FOX Payout

Bill O'Reilly May Receive Up to $25 Million In FOX Payout

Burgess, represented by Lisa Bloom, called into a 21st Century Fox hotline earlier this week, but had remained anonymous until her "View" appearance.

Disgraced news pundit Bill O'Reilly will be paid £19 million to exit Fox News. O'Reilly wasn't just a cash cow for Fox: He was the tribune of its core audience and a key to the network's identity-a conservative white man with little patience for progressive values and contemporary culture.

Weighing against loyalty to O'Reilly and his millions of viewers was the perception of Fox by advertisers -who were abandoning "The O'Reilly Factor" in droves-investors, and current and future employees, particularly women. The agreements totaled about $13 million, the majority paid by him.

After his dismissal, reports state that women's rights activists and even some of the company's own employees lauded the decision by Fox as a sign that the corporation was making steps to take sexual harassment as seriously as it should be taken.

But the new contract provided the company with some protections. The contract also included provisions meant to get Mr. O'Reilly to address his behavior, the person said.

O'Reilly's most recent contract provides that he can receive a maximum of one year's salary upon departure, according to a second source familiar with the matter. The people spoke on the condition of anonymity to discuss private negotiations. In a statement, O'Reilly indicated that he wished "only the best for Fox News Channel", adding that while it was "disheartening" to "part ways due to completely unfounded claims", he would look back on his time with the company and cherish their success together. The company ousted Ailes previous year and agreed to settle lawsuits brought by former anchor Gretchen Carlson and other female employees. She sued Mr. Ailes last July and left the network with a $20 million settlement. O'Reilly has denied all wrongdoing.

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