Bill O'Reilly. Photo ReutersTwenty-First Century Fox Inc has parted ways with star cable news host Bill O'Reilly following allegations of sexual harassment, the company says. The New York Times reported on April 1 that Fox and O'Reilly paid five women a total of $13 million to settle harassment claims. By comparison, Twenty-First Century Fox’s last fiscal year, which ended June 30, 2016, brought in a total of $7.65 billion in advertising revenue. O’Reilly’s departure will not affect Twenty-First Century Fox’s overall profitability, said Brian Wieser, an analyst at Pivotal Research.

Source: Otago Daily Times April 19, 2017 23:15 UTC