In the fallout, The Associated Press reported that about 60 sponsors had withdrawn advertisements for "The O'Reilly Factor".
O'Reilly is on a almost two-week vacation at the same time Fox News Channel's parent company investigated a woman's accusation that her career was slowed when she spurned his advances.
Twenty-First Century Fox had tapped the law firm Paul, Weiss Rifkind, Wharton & Garrison, which also looked into the allegations against Ailes, to investigate O'Reilly's conduct.
Lastly, and most importantly, we want to underscore our consistent commitment to fostering a work environment built on the values of trust and respect.
O'Reilly continues to deny the claims, although the blow of his departure probably was softened by Fox having to pay out a significant portion of his contract, which was believed to be as high as $25 million annually. (Ailes received a $40 million payout when he left).
O'Reilly released a statement, calling it "tremendously disheartening that we part ways due to completely unfounded claims". "Certainly they make things better for America".
On Tuesday, protesters gathered outside the New York City offices of Fox to demand the cable network fire O'Reilly, whose career has been dogged by scandal.
Yet, that wasn't enough to save his job; the company said Wednesday that 21st Century Fox and O'Reilly "agreed" that he wouldn't return.
Bill O'Reilly's primetime news and talk show guaranteed a good dose of strong outspoken conservative politics, mixed in with a fair bit of "I told you so" from the host, occasionally a visit from candidate Donald Trump and more recently President Trump. Bill O'Reilly has lost his job at Fox News Channel following reports that five women had been paid m.
Tucker Carlson will replace O'Reilly in the 8 p.m. ET time slot. Eastern time, followed by "Hannity".
Patriots hit back at New York Times over White House tweet
New England Patriots CEO Robert Kraft awarded President Donald Trump with a helmet and jersey bearing the president's name. Jurors in the double-murder trial of ex-NFL star Aaron Hernandez have begun their sixth day of deliberations.
Last July, Fox News founding CEO Roger Ailes resigned from the network amid sexual harassment allegations and an ongoing lawsuit. Conservative personality Glenn Beck - who once lost a job at Fox because a similar campaign choked his program of paying advertisers - came to O'Reilly's defense on his radio show.
The news comes after multiple allegations emerged that O'Reilly has sexually harassed and verbally abused female employees. "Personally, I think he shouldn't have settled". Dozens of his show's advertisers have fled following reports of harassment settlements paid to other women. While Fox's two biggest rivals, CNN and MSNBC, would not be interested in hiring him, conservative upstarts like Newsmax or One America News (OANN) could be.
When the Murdochs went the other way, O'Reilly prepared a statement with the help of his agents and crisis communications adviser. The controversy at Fox News led to speculation that it could threaten British approval of the company's proposed $22.9 billion purchase of British pay-TV provider Sky.
Although O'Reilly is leaving the cable news network, his effect on TV news will endure.
O'Reilly changed the cable news game by putting his point of view and personality ahead of reporting. "I am a political analyst here.' Went to Bill, came back, and said, 'No, he's not going to apologize, '" Powers said.
"CNN always said 'the news is the star, '" recalled Shapiro. "Were they watching?" Noah wondered. O'Reilly's success at appealing to like-minded viewers made him and Fox into cable news leaders. She will now host a morning show on NBC.
O'Reilly, 67, had ruled the "no spin zone" on television with a quick smile and an even quicker temper.
O'Reilly's program often became as much about the host as it was the news.
Now, the top ratings for O'Reilly's time slot - and Fox's other prime-time shows - could be at risk.