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On May 17, 2018, Scott was named CEO of both Fox News and Fox Business Network. [8] During this announcement, Lachlan Murdoch said Scott "has now made history as [Fox's] first female CEO." She was also the only woman in charge of a major TV news organization until Rashida Jones was installed as head of MSNBC. [6]
In October 2012, Ailes's contract with Fox News was renewed for four years, through 2016. If completed, he would have served as head of Fox News Channel for 20 years. Salary terms were not made public, although his earnings for the 2012 fiscal year were $21 million (~$27.6 million in 2023) inclusive of bonuses. [36]
Forget downsizing after retirement -- the former Fox News CEO recently bought gargantuan oceanfront property with his $40 million 'golden parachute'.
A series of lawsuits also dogged Fox News. Gretchen Carlson, claimed pervasive sexism Fox News and filed a sexual harassment against the CEO Roger Ailes. Ailes denied the allegations but resigned in that same month. 21st Century Fox settled the lawsuit, reportedly for $20 million, and issued a public apology. [18]
Riding the winds of the Republican revolution, FOX News became the voice of the GOP on television without claiming its party allegiance overtly.
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The law was championed by Carlson, who was sexually harassed for many years by then Chairman and CEO of Fox News, Roger Ailes. [47] [48] On March 3, 2022, President Joe Biden signed the bill into law during a ceremony where Carlson was introduced by Vice President Kamala Harris. After signing the bill into law, President Biden handed the pen ...
California Rep. Darrell Issa is the richest, with a net worth more than 50% higher than the second richest. And three of the five richest members of Congress opted not to run for re-election in 2018.