[Ed. – Go ahead, use your smelling salts if you need to. I know I’m going to require professional resuscitation. It’s not like he’s 1,000 years old and we’ve seen this coming for months or anything.]
21st Century Fox today announced that Roger Ailes, Chairman and CEO of Fox News Channel and Fox Business Network, and Chairman of Fox Television Stations, has resigned from his role effective immediately.
Rupert Murdoch will assume the role of Chairman and acting CEO of Fox News Channel and Fox Business Network.
Rupert Murdoch, Executive Chairman, 21st Century Fox, said:
“Roger Ailes has made a remarkable contribution to our company and our country. …
To ensure continuity of all that is best about Fox News and what it stands for, I will take over as Chairman and acting CEO, with the support of our existing management team under Bill Shine, Jay Wallace and Mark Kranz.”