Bill O’Reilly brought in well over $150 million per year in advertising dollars to FOX for his program The O’Reilly Factor. Though he cost the company $13 million as a result of his sexual misconduct, Fox is reportedly going to mark O’Reilly’s departure with a nice golden parachute. CNN Money’s Brian Stelter reported that he will be paid tens of millions of dollars on his way out of Fox News. A source personally involved in the exit maneuverings said, “It is a staggering amount.”
Because of a confidentiality agreement, 21st Century Fox and O’Reilly’s representatives will not acknowledge the existence of a payout. Two well-placed sources, however, confirmed to CNNMoney that O’Reilly does have a parachute.
Bill O’Reilly’s ‘Staggering’ Golden Parachute From Fox Will Reportedly Amount To Tens Of Millions Of Dollars
This video was produced by YT Wochit News using http://wochit.com