FOX NEWS BOMBSHELL! Is Ailes Out? Who’s Going With Him?

Roger Ailes is heading for the exit at Fox News Channel, the cable network beloved by American conservatives, with Rupert Murdoch and his sons in agreement that he should leave amid allegations of sexual harassment.

The timing and terms of the departure of the man who turned Fox News into a media and political powerhouse were unclear on Tuesday evening. Mr Murdoch, executive chairman of 21st Century Fox, the channel’s parent company, and Lachlan, his older son and co-chairman, would prefer to wait until after this week’s Republican convention, two people briefed on the matter told the Financial Times.

James Murdoch, Mr Murdoch’s younger son and chief executive, was pushing for Mr Ailes to go as soon as possible, those people said.

Late on Tuesday, the Drudge Report website said Mr Ailes had left Fox News with a $40m severance package. 21st Century Fox denied the report in a tweeted…

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