Bill O'Reilly is no longer a factor at Fox News.
21st Century Fox issued a statement Wednesday that "after a thorough and careful review of the allegations, the company and Bill O'Reilly have agreed that Bill O'Reilly will not be returning to the Fox News Channel."
It was the first response from O'Reilly's bosses Wednesday to escalating reports that Fox News Channel's biggest star had lost his job after two decades at the network, following accusations he had harassed women and reports that the company paid millions to keep several of them quiet.
New York magazine had reported Wednesday, based on unnamed sources, that Rupert Murdoch and sons James and Lachlan, who run Fox parent 21st Century Fox, had decided that O'Reilly was out and executives were planning the exit. On Tuesday, The Wall Street Journal, a newspaper owned by the Murdochs, wrote that the company was preparing to cut ties with O'Reilly.