There are media earthquakes. And then there is the Big One.
Roger Ailes is reportedly in negotiations to leave Fox News under the cloud of sexual harassment claims that began with former morning host Gretchen Carlson and allegedly snowballed to include star prime time anchor Megyn Kelly and other women.
The Financial Times is reporting that Ailes departure comes with a $40 million buyout. A statement released by 21st Century Fox said that Ailes is currently at work. “The review is ongoing. And the only agreement that is in place is his existing employment agreement.”
The tectonic shift of Ailes leaving the network he built into a monstrously profitable enterprise – throwing off more than a billion a year in profit – could have an even greater impact on our national politics.