Twenty-First Century Fox said Monday that it had incurred about $50 million in costs during the year that ended June 30 tied to the settlement of sexual harassment and discrimination allegations in its Fox News division. The $50 million settlement figure disclosed Monday is $5 million more than what had been reported earlier. In May, the company disclosed that in the nine months leading up to March 31, it had incurred $45 million in costs tied to litigation related to harassment allegations. PhotoThe company has spent the past year trying to clean up the sexual harassment and discrimination scandal that has engulfed its Fox News division. In the wake of the scandal, Mr. Ailes, Mr. O’Reilly and several other employees were ousted.
Source: New York Times August 15, 2017 00:11 UTC