As advertisers are pulling out at an alarming rate, O’Reilly’s days may be numbered, report Emily Steel and Michael S. Schmidt of the New York Times. They explain that Fox News’ ad revenue is being hit while advocacy groups and women’s rights supporters call for businesses to stop funding the network. Major companies such as Mitsubishi, last year’s fifth biggest advertiser of O’Reilly’s show, have already pulled out. In a tense moment for Fox News as several of their members are involved in scandals, they can ill afford to stick by a man so synonymous with controversy, assert Steel and Schmidt.
Bill O’Reilly will not be fired, even if Fox News wanted to do so, speculates Alberto Luperon of Law Newz. Talking to several law experts, he sheds light on the formalities in a contract that someone of O’Reilly’s status would have ensured himself. These tend to include a termination for cause provision that protect his employment in the case of allegations or even settlements. This means it would take being found full-on guilty to get him fired, indicates Luperon. Having recently renewed his contract, Fox News is probably sticking with O’Reilly, since he’s too important to them, writes Luperon.