Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Bill O’Reilly Gets $25 Million From Fox News As Final Payout

Friday, April 21, 2017 4:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

zerohedge.com / by Tyler Durden / Apr 20, 2017

With Bill O’Reilly officially ousted by Fox News, there was speculation whether the former Fox anchorman would receive a lump sump payout as a parting settlement considering that O’Reilly signed a new 4 year contract just before being ousted. It has now been confirmed by FT and CNN that indeed, O’Reilly will get a payout of $25 million, equivalent to one year’s salary, as part of his exit settlement with 21st Century Fox.

“The amended contract provides for Bill to receive a maximum of one year’s salary,” said a person with knowledge of the terms quoted by the FT.

O’Reilly’s payout, following the presenter’s dismissal from Fox News this week after a 22-year career with the network, is less than the $40m Roger Ailes, the network’s former chairman, received when he was fired in similar circumstances last year.

At an event in New York on Wednesday night, James Murdoch, the company’s CEO, was asked by a New York Times reporter about the abrupt exit.

Murdoch said “we did a thorough investigation, a thorough review, and we reached a conclusion. Everything that we said in our statement is all you need to know.”

READ MORE

The post Bill O’Reilly Gets $25 Million From Fox News As Final Payout appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/04/21/bill-oreilly-gets-25-million-from-fox-news-as-final-payout/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.