NY Magazine: Fox News To Drop Bill O’Reilly Over Sexual Harassment Allegations & Lawsuits

New York Magazine is reporting this morning that Fox News has decided to cut ties with beleaguered host Bill O’Reilly in light of the many allegations of sexual misconduct leveled at him.

The Murdochs have decided Bill O’Reilly’s 21-year run at Fox News will come to an end. According to sources briefed on the discussions, network executives are preparing to announce O’Reilly’s departure before he returns from an Italian vacation on April 24. Now the big questions are how the exit will look and who will replace him.

Wednesday morning, according to sources, executives are holding emergency meetings to discuss how they can sever the relationship with the country’s highest-rated cable-news host without causing collateral damage to the network. The board of Fox News’ parent company 21st Century Fox is scheduled to meet on Thursday to discuss the matter.

Inside sources say Rupert Murdoch was leaning to keeping O’Reilly as recently as last week, but his two sons have apparently lobbied hard to drop the conservative TV host as news spread that O’Reilly had paid out more than $13 million to end sexual harassment lawsuits.

According to the above article, the powers that be may not give the 21-year Fox News veteran a sign-off show.