Fox News Channel dismisses O'Reilly, its biggest star

Pope Francis shakes hands with TV host Bill O'Reilly second from right during his weekly general audience at the Vatican Wednesday

TheBlaze founder (and former Fox News host) weighed in on the sexual harassment allegations against O'Reilly, saying that the The O'Reilly Factor host was likely in his final 24 hours at Fox News. "But that is the unfortunate reality many of us in the public eye must live with today", he said.

Bill O'Reilly has released an updated statement after the official announcement of him leaving FOX News Channel.

More than 50 advertisers withdrew from his prime-time show, and 21st Century Fox asked a law firm to investigate a complaint from a woman who said O'Reilly dropped efforts to make her a contributor in 2013 after she turned down his invitation to visit his hotel room.

ABC News has not been able to independently verify the claims made in the Times story.

Fox News (FOXA) losing star host Bill O'Reilly might not hurt the network as much as people think.

O'Reilly never addressed the allegations on his show - which saw its ratings rise following the report - before announcing on April 11 that he was leaving for a long-planned family vacation. Apart from Kelly and O'Reilly, he also replaced Greta van Susteren whose departure from the news network was reportedly less than pleasant. "We have full confidence that the network will continue to be a powerhouse in cable news", the Murdochs said. The host is presumably owed tens of millions of dollars under the terms of his multi-year contract, though it is not clear what sort of clauses the contract may have contained to allow Fox News to get out of the deal.

It "follows an extensive review done in collaboration with outside counsel", said Murdoch.

His 8 p.m. time slot has gone to Tucker Carlson. Shares in Twenty-First Century Fox were down less than 1 per cent at $30.50 in Wednesday afternoon trading. Advertisers who had left O'Reilly had instead been shifted to other shows on the network, lessening the damage to the channel's revenue.

Easy choice: Browns CB Haden wants Garrett with No. 1 pick
When Brown was asked if he envisions trading for a veteran quarterback on draft weekend, he said, "No", and left it at that. In addition to this, any idea given to Cleveland trading down from No. 1 overall can pretty much be thrown out the window.

O'Reilly may have agreed, but he clearly wasn't happy about it.

So. Awkward. The timing of this photo couldn't be any more embarrassing.

He has denied any wrongdoing and his lawyer characterized the attacks as "character assassination".

"Humiliate this motherf**ker Bill O'Reilly".

O'Reilly met the Pope in a VIP line at the Vatican and shook hands with the Catholic leader.

Demonstrators rally against Fox News television personality Bill O'Reilly outside of the News Corp. and Fox News headquarters in Midtown Manhattan on Tuesday, a day before he was let go by Fox News.

Francis always swings by the VIP seats at the end of his audience for a quick round of handshakes.

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