Posted on 04/21/2017 9:50:21 AM PDT by rktman
On Wednesday, Fox News announced that it was parting ways with "The O'Reilly Factor" host Bill O'Reilly, whose ratings dominated the network. But due to a contract O'Reilly signed late last month, he'll be walking away with quite a sizable severance package.
"It is a staggering amount," a source involved in the exit maneuverings told CNN Money. The outlet reported that Fox will pay O'Reilly "tens of millions of dollars." Due to a confidentiality agreement, 21st Century Fox and O'Reilly's representatives would not acknowledge the payout.
But two well-placed sources told CNN Money that O'Reilly will be paid handsomely as he leaves the network, primarily because he signed a new contract in March.
The two sources independently confirmed that the new contract was worth about $25 million per year. This contrasted with earlier news reports estimating the new contract's worth at between $18 and $20 million per year.
(Excerpt) Read more at pjmedia.com ...
Yep.
Fox News is as dead as a hammer.
Lol! Cain`t argue that one.
If Fox thinks it has trouble from advertisers leaving, wait until the see how bad things get when their viewers abandon them........
Advertisers go where the viewers are.
If they had hung in with O'Reilly the viewers would have stayed and the advertisers would have come back.
Now the Gold Diggers know the Mudoch boys are easy money so they had better plan for another flurry of specious claims.
Like "He looked at me in a lascivious way".
Or "He was humming every dirty song imaginable".
.
He’s cryin’ all the way to the bank!
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