Bill O'Reilly to get up to $25 mln payout from Fox News -source


Reuters

UPDATE 2-Bill O'Reilly to get up to $25 mln payout from Fox News -source


(Recasts to include O'Reilly's salary)
    By Jessica ToonkelApril 20 (Reuters) - Bill O'Reilly will get a payout of up
to $25 million following his ouster from Fox News over sexual
harassment allegations, a source familiar with the situation
said on Thursday.
    Fox News parent Twenty-First Century Fox Inc <FOXA.O>
announced on Wednesday it had parted ways with the star cable
news host, ending his more than 20-year career, following the
allegations from a number of women.
    O'Reilly' severance, totaling the equivalent of one year of
his salary, would mark the latest multimillion-dollar payment by
Fox News related to men accused of sexual harassment.
    The New York Times reported on April 1 that Fox and O'Reilly
had paid five women a total of $13 million to settle harassment
claims. O'Reilly said in a statement at the time that he had
settled only to spare his children from controversy.
    O'Reilly, who has been off the air on vacation since April
11, said in a written statement on Wednesday he was proud of his
"unprecedented success" at Fox.
    "It is tremendously disheartening that we part ways due to
completely unfounded claims. But that is the unfortunate reality
many of us in the public eye must live with today," O'Reilly
said in the statement.
    In July, the company paid former head of Fox News, Roger
Ailes, a severance package of about $40 million, following
allegations of sexual harassment.
    Ailes in his resignation letter did not indicate he did
anything wrong.
    O'Reilly's show, "The O'Reilly Factor," has been the most
watched program on Fox News and was coming off the highest-rated
first quarter in its history, averaging 4 million viewers,
according to Nielsen.
    O'Reilly will be replaced in his prime-time lineup by Fox
host Tucker Carlson.

 (Reporting By Jessica Toonkel; Editing by Tom Brown)
 ((Jessica.Toonkel@thomsonreuters.com; 646-223-7882;))

Keywords: FOX OREILLY/ (UPDATE 2)



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