Update 5:09 p.m. EDT: The Daily Beast reports that Fox News walked back on its statement that Ailes had left the company. 21st Century Fox just released this statement following recent reports:
21CF statement: Roger is at work. The review is ongoing. The only agreement that is in place is his existing employment agreement.
— 21st Century Fox (@21CF) July 19, 2016
Fox News CEO Roger Ailes will reportedly be leaving the company and various outlets suggest that he may receive a $40 million buyout, according to the Drudge Report and the Daily Beast. Ailes had been under an internal investigation by 21st Century Fox after a sexual harassment and wrongful termination lawsuit by former anchor Gretchen Carlson. The Daily Beast says that it later confirmed with Fox News that Ailes had been fired.
BREAKING: Fox News confirms to @TheLloydGrove that Roger Ailes has been fired https://t.co/b5OSAeU4SL
— Justin Miller (@justinjm1) July 19, 2016
NEW: Ailes will be “indemnified for claims against the Company and him” https://t.co/0Ng7JWgeAX
— Justin Miller (@justinjm1) July 19, 2016
Earlier today, New York magazine reported that anchor Megyn Kelly had told investigators that she had also been sexually harassed by Ailes.
This is a breaking news post and will be updated as we receive more information.