On Wednesday afternoon, Fox News officially cut “The O’Reilly Factor” host Bill O’Reilly. This decision followed a New York Times story early this month detailing sexual assault lawsuits O’Reilly settled in the past.
“After a thorough and careful review of the allegations, the Company and Bill O’Reilly have agreed that Bill O’Reilly will not be returning to the Fox News Channel,” 21st Century Fox released in a statement.
1. Advertisers abandoned the show.
Shortly after the New York Times exposé, over twenty advertisers announced they were withdrawing ads from “The O’Reilly Factor.” These included Mitsubishi Motors, which spent about $2.1 million for ads on O’Reilly’s show in 2016, making it the show’s fifth-largest advertiser.
Fox News announced that…
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