Let the exodus begin. Ailes gets his $40 million parachute and the list of potential suitors begin lining up outside his estate.
The news business has not seen the last of Roger Ailes. With the proven talent he can pull from Fox, Ailes could literally launch a new channel and have it on top in 1-2 years (if not sooner), assuming his backers can get clearance and carriage on the required number of cable systems.
This will go down as one of the great blunders in television history, right up there with naming Conan O’Brien as host of the Tonight Show, and putting Jay Leno at 10 pm, five nights a week.
And you may be very surprised at who winds up backing Ailes new venture...
I’ll bet the consultancy agreement includes a non compete clause to foreclose the scenario you describe.
“Ailes gets his $40 million parachute and the list of potential suitors begin lining up outside his estate.
The news business has not seen the last of Roger Ailes. With the proven talent he can pull from Fox...”
Why do you think he is getting the “$40 million parachute”? He probably ain’t be running anything until he reaches 103.
He’s very ill with diabetes I read.
HE’s 76 years old and he looks like Alfred Hitchcock. Sure he’s got another one in him?
Looks like he’s got a non-compete until 2018 as well.