Ailes received a severance package of about $40 million when he left Fox News.
New York: Roger Ailes, former chief executive of Fox News Channel, has died at age 77, Fox News said on Thursday.
Ailes resigned from Fox last July following allegations of sexual harassment, marking an abrupt end to his 20-year reign over America’s most lucrative and powerful cable news channel for conservatives.
Fox News is owned by Rupert Murdoch’s Twenty-First Century Fox Inc. Ailes received a severance package of about $40 million when he left Fox News, according to a source familiar with the situation, and went on to serve as an informal adviser to Murdoch.
“Today America lost one of its great patriotic warriors,” Fox News host Sean Hannity said in a statement read on the channel on Thursday. “For decades, RA (Roger Ailes) has impacted American politics and media. He has dramatically and forever changed the political and the media landscape single-handedly for the better.”