Fox stock gains ground following O'Reilly firing

Stephen Colbert

Stephen Colbert

"Bill O'Reilly, who hosted this program for 20 years, is leaving the Fox News Channel", she said. Thus, Fox News, which is first and foremost devoted to maintaining market share (a.k.a. advertising revenues), had to fold their hand.

Representative Maxine Waters is glad to see that Bill O'Reilly is now gone from Fox News in the wake of the tide of sexual harassment allegations against him.

Ailes, the network's former CEO, resigned last summer after a series of sexual harassment allegations were leveled against him.

Now that you've read all that, here is a video of an adorable little baby kitten and a fluffy puppy who are best friends, for your blood pressure's sake.

Colbert also took a moment to offer consolation to O'Reilly's fans. O'Reilly was photographed this week meeting Pope Francis.

"Fox News' dominance stems from the consistency of its messaging and the loyalty of its broader audience more than the success of star anchors", the analyst says.

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"Fox News made a decision to extend Bill's vacation to forever", Kimmel said on his show. The O'Reilly Factor host was set to return on Monday, but Fox chose to end his era before that happened, much to the delight of those who wanted Fox News to fire O'Reilly over his many years of allegedly predatory behavior toward women. "I owe a lot to Bill O'Reilly", Colbert said.

He was sacked following an independent investigation by the law firm Paul, Weiss into claims that he harassed several women.

"Journalism has died in this country, there isn't any", Huckabee said during the interview on the show introduced Wednesday as "The Factor", leaving out mention of O'Reilly". "Shame on you: You failed Bill O'Reilly", he declared. Palin said, "You can ask them why I'm no longer with Fox".

Fox News had apparently renewed its contract with O'Reilly recently, in spite of settling sexual harassment allegations from five women for $13 million.

O'Reilly issued a statement on Wednesday after the news of his departure was announced, saying, "It is tremendously disheartening that we part ways due to completely unfounded claims".

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    Bill O'Reilly's statement following his firing from Fox News

    It was signed by Executive Chairman Rupert Murdoch, who is also executive chairman of News Corp, which owns the New York Post. The news comes after multiple allegations emerged that O'Reilly has sexually harassed and verbally abused female employees.

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