Wednesday, November 08, 2017
Former Fox News star Bill O'Reilly had a deal with 21st Century Fox Inc. that he couldn't be fired over unproven harassment allegations, a fresh revelation that casts doubt over corporate governance standards at Rupert Murdoch's media empire. O'Reilly's employment agreement said he couldn't be dismissed based on an allegation unless it was proven in court, Jacques Nasser, an independent director of Fox, said in a submission to the U.K.'s Competition & Markets Authority, which was published Wednesday. O'Reilly, the former host of The O'Reilly Factor, has denied all wrongdoing.
Fox has been dogged by criticisms over its handling of sexual-harassment allegations made against O'Reilly and Roger Ailes, the now-deceased former CEO of Fox News. While the company has made changes to its governance and policies, the controversy has weighed on Fox's 11.7-billion-pound ($15.3-billion) bid for Sky Plc. The deal is being reviewed by U.K. competition regulators for factors including the Murdochs' adherence to U.K. broadcast standards.
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