Monday, 25 September, 2017

Roger Ailes, former Fox News CEO, has died at 77

Roger Ailes, former Fox News CEO, has died at 77 Roger Ailes, former Fox News CEO, has died at 77
Freda Brock | 19 May, 2017, 03:19

Before working at Fox, Ailes was employed as a media consultant for Republican presidents Richard Nixon, Ronald Reagan, and George H.W. Bush, as well as a consultant on Rudy Giuliani's NY mayoral campaign. His first TV job was as a producer for The Mike Douglas Show from 1965-68.

Discussing Ailes' impact on politics and culture in the U.S., Sherman said, "One of Ailes' lasting legacies will be that for millions of Americans, news is now no longer viewed as a way to be informed about the world; it's a way of gathering information that advances your side". It also emerged as a powerful force on the political scene, while the feisty, hard-charging Ailes swatted off criticism that the network he branded as "Fair and Balanced" had a conservative tilt.

Moving from politics to media full time, Ailes was named president of CNBC in 1993.

Ailes, the former CEO and chairman of Fox News, left the corporation under a cloud in July after he had been accused of sexual harassment by former employees.

"If we look conservative, it's because the other guys are so far to the left", Ailes told The New York Times.

The architect of Fox News was also close to President Trump, to whom he gave a weekly slot on Fox & Friends - a show that the president has regularly touted in his tweets from the White House.

(NYSE:JPM) announces a quarterly dividend of $0.50
If we look at stock performance in last active day trading, we see that stock has moved went down -5.80% to end the day at $2.11. Net sales for the first quarter of 2017 increased 9.9 percent to approximately $1.83 billion from $1.66 billion a year ago.

Details are emerging about an accident Roger Ailes suffered in Florida a few days before died.

But with Ailes' influence came the scandal that ultimately led to his downfall.

"I am profoundly sad and heartbroken to report that my husband, Roger Ailes, passed away this morning", the statement read. In 2016, the university made the decision to remove Ailes' name from the newsroom and return his donation amid sexual harassment allegations from former anchor Gretchen Carlson and others.

Carlson's lawyers eventually said more than 20 women had contacted the firm with stories of alleged harassment by Ailes either against themselves or someone they knew.

Since Ailes' exit, Kelly and Greta Van Susteren have left Fox, and O'Reilly was sacked after a sexual harassment scandal of his own (his victims had been paid to keep quiet). She responded with a six-word statement: "That's not a discussion for today".

Ailes and Elizabeth were married in 1998.

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