Fox News chief resigns

Fox News chief Ailes resigns after sexual harassment claims, Roger Ailes, who congenital Fox Account Approach into a exploited ratings powerhouse, has accommodated as administrator and arch controlling afterward allegations of animal harassment, an avenue that marks a abrupt end to his continued administration of the affecting cable account approach that he launched two decades ago.

Rupert Murdoch, 85, the controlling administrator of Twenty-First Century Fox Inc, the ancestor of Fox News, will acquire the role of administrator and acting CEO of Fox Account and Fox Business Network, the aggregation said on Thursday.

Ailes, who will serve as an breezy adviser to Rupert Murdoch and no best acquire an official role at the company, will acquire a severance amalgamation of about $40 million, according to a antecedent accustomed with the situation, who asked to abide anonymous.

In his abandonment letter to Murdoch, Ailes did not announce he had done annihilation wrong.

"I yield accurate pride in the role that I acquire played advancing the careers of the abounding women I acquire answer to controlling and on-air positions," Ailes wrote in the letter, which his advocate Susan Estrich provided to Reuters.

However, he added: "I will not acquiesce my attendance to become a aberration from the plan that accept to be done every day to ensure that Fox Account and Fox Business abide to advance our industry."

The abandonment marks a abrupt atrophy for Ailes, the 76-year-old media controlling who brash several U.S. Republican presidents, including George H.W. Bush, and angry Fox Account into the most-watched U.S. cable account channel.

His abandonment comes on the final and better night of the Republican National Convention, area Donald Trump will formally acquire the Republican presidential nomination.

Trump tweeted on Thursday, "Roger Ailes just called. He is a abundant guy & assures me that 'Trump' will be advised adequately on @FoxNews. His chat is consistently good!"

Former Fox Account ballast Gretchen Carlson sued Ailes beforehand this month, claiming animal harassment. Ailes has denied the charges. Fox assassin a law close to conduct an centralized investigation.

New York annual followed up with letters of added women who said they had been addled by Ailes as far aback as the 1960s. On Tuesday, the annual said that accepted Fox Account ballast Megyn Kelly had told board assassin by Fox that Ailes "made exceptionable animal advances against her" about 10 years ago.

Ailes, who founded the cable approach in 1996, did not sexually annoy Kelly, according to a account attributed to his advocate in the New York Times on Tuesday. His attorneys did not acknowledge to questions from Reuters.

The abandonment comes as Fox News, accepted for a calendar of politically bourgeois commentators including acknowledged columnist Bill O'Reilly, is cartoon almanac viewership. The arrangement is the most-watched approach in all of basal cable television this year with an boilerplate of 2.2 actor prime-time viewers, according to Nielsen abstracts through June.

Ailes' continued acquaintance as both a television ambassador and a Republican architect helped him to codify a acceptable strategy: appoint absorbing aptitude to address to a bourgeois audience.

Critics said Ailes pushed a Republican calendar beneath the around-the-clock byword "Fair and Balanced." His admirers said he smartly accustomed that bourgeois TV admirers were not seeing their viewpoints reflected on Time Warner Inc's CNN or above advertisement networks.

Fox Account Approach went on the air in 1996, just afore Bill Clinton was adopted to a additional term, with Ailes as founding CEO.

While Ailes' abandonment may not appear at an ideal time for Fox News, the drive of almanac ratings amidst the a lot of amazing U.S. presidential acclamation in decades may accord the cable arrangement some breath allowance to recover, media buyers and Wall Street analysts acquire told Reuters.

And some of them say this could be an befalling for Fox News, whose average age of admirers is over 65, to focus on accepting adolescent fans.

"Roger Ailes has fabricated a arresting addition to our aggregation and our country," Murdoch said in a statement. "Roger aggregate my eyes of a abundant and absolute television alignment and accomplished it blithely over 20 abundant years."
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