"By ratings standards, Bill O'Reilly is one of the most accomplished TV personalities in the history of cable news", he read from the statement. Last July, Fox News's then chairman, Roger Ailes, was forced out amid allegations that he sexually harassed numerous women.
"That left CNN and MSNBC to figure out how to survive, and it shouldn't come as a surprise that MSNBC figured out the only path to success was to segment and go for the liberal audience", said Tom Hollihan, a professor at the Annenberg School for Communication and Journalism at the University of Southern California. "Investors wouldn't really notice the impact".
Author Stephen King tweeted: "New book by Fox News: Killing Bill O'Reilly".
Elsewhere in the media, though, the revelation was a big topic among journalists and media executives, with many wondering if O'Reilly - long seen as invincible for his ability to weather previous controversies - might actually lose his job. On Tuesday, New York's Gabriel Sherman reported that the Murdochs were leaning toward dropping O'Reilly. There was little fallout in 2011 after Glenn Beck quit.
At least now maybe things will have a friendlier air with Carlson sandwiched between Martha McCallum at 7 p.m. and "The Five" at 9 p.m. O'Reilly never passed the baton to Carlson at the close of his show. But now O'Reilly will be replaced by Tucker Carlson.More news: What Does Russia Want From Donald Trump?
"I would like to address questions about Bill O'Reilly's future at Fox News". On April 5, Wendy Walsh called Fox's hotline and described what she said was harassment and retaliatory behavior by O'Reilly back in 2013.
The company said Wednesday that it had parted ways with longtime host Bill O'Reilly after a "thorough and careful review of allegations against him".
In a move that some might view as deeply ironic, given O'Reilly's current circumstances, the embattled host was victorious when he encouraged Pepsi to cut ties with rapper Ludacris because the latter was "a man who degrades women". Fox hasn't disclosed what it paid the host, though the New York Observer has reported his 2016 compensation package was $18 million.
If the claims against Bill O'Reilly reveal anything, it's that absolute power - such as is wielded by someone who was watched by an average of nearly four million people a night - does indeed corrupt absolutely.
Pressure on Fox has mounted since recent reports that five women had received $13m (£10m) in payouts because of O'Reilly's behaviour. Burke, a former Fox News correspondent in Rome, denied having facilitated the tickets. He had unparalleled and unchallenged talent that he demonstrated over many years. "But I'm not sure how much congratulations they are due after so many years and so many million dollars". "The problem that Bill O'Reilly is going to have is that there aren't many conservative media outlets out there that carry as much heft". Of course, this isn't to say those allegations aren't serious and important - they certainly say enough on their own.