Variety has the first word:
Roger Ailes is officially out at Fox News, a source familiar with the situation confirmed to Variety. The former head of the network reportedly received a $40 million buyout after Gretchen Carlson and several other women accused him of sexual harassment over the past couple of weeks.
From the Daily Beast:
Fox News confirmed to The Daily Beast editor-at-large Lloyd Grove on Tuesday that beleagured chairman and CEO Roger Ailes will depart the cable news network following sexual harassment claims by former anchor Gretchen Carlson. According to a document obtained by the Drudge Report, Ailes will receive at least a $40 million buyout from the network. The news comes hours after New York Magazine reporter Gabe Sherman wrote that Fox News star Megyn Kelly told investigators hired by 21st Century Fox that Ailes had sexually harassed her ten years ago.
UPDATE: And now the story is being walked back somewhat. Again from the Daily Beast:
Fox initially confirmed Drudge’s report to The Daily Beast, and subsequently walked back that confirmation. Additionally, Drudge replaced a headline touting the buyout with a new one on “Fox News Drama,” including a statement from the network: “Roger Ailes has never sexually harassed Megyn Kelly. In fact, he has spent much of the last decade promoting and helping her to achieve the stardom she earned, for which she has repeatedly and publicly thanked him.” And according to a statement from 21st Century Fox: “Roger is at work. The review is ongoing. The only agreement that is in place is his existing employment agreement.”