Bill O’Reilly will not return to Fox News

"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." This is the official statement from  Fox News parent company 21st Century Fox. Bill O’Reilly and the very  popular show, The O’Reilly Factor, will be back on Fox News.

The  decision to cancel the show was made after a disclosure of sexual  misconduct claims against O’Reilly. On April 1st The New York Times  published a report regarding alleged settlements made between the famous  host and five women who accused him of harassment and sexual misconduct.

O'Reilly commented on the decision,  saying, "It is tremendously disheartening that we part ways due to  completely unfounded claims. But that is the unfortunate reality many of  us in the public eye must live with today."

It  seems Bill O’Reilly will be copping with the decision by Fox News with  relative comfort. Sources revealed to CNN claim that Bill O'Reilly will be paid tens of millions of dollars on his way out of Fox News.

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