Roger Ailes Negotiating Fox News Departure Terms Following Sexual Harrassment Allegations

Carlson accused Ailes of asking for sexual favors and not renewing her contract after she refused his advances.

The elder Mr. Murdoch has been in touch with his sons about the matter and when he returns from vacation in the south of France next week expects to bring it to a resolution, one of the people familiar with the matter said.

On Monday, New York Magazine reported that Murdoch and sons Lachlan and James decided that Ailes would need to go. In a statement, 21st Century Fox said: "Roger is at work". A lawyer for Ailes is denying that the Fox News Channel chief executive sexually harassed network star Megyn Kelly.

Media mogul Rupert Murdoch, who owns 21st Century Fox, and his two sons chose to let the 76-year-old Ailes go, New York Magazine reported Monday.

"Roger Ailes has never sexually harassed Megyn Kelly", Ailes attorney Susan Estrich said in a statement.

A former Fox anchor, Gretchen Carlson, alleged in a lawsuit that Ailes had forced her out following a meeting where he told her that "you and I should have had a sexual relationship a long time ago".

If Ailes does leave, a mass exodus of front-and-center talent and a possible ideological shift from staunchly conservative editorial content could hoist Kelly into a new leadership role within the cable outlet, according to media observers.

Ailes is believed to be working under a contract with a term that expires in 2018. If u had a new contract would u sue?

Asian stocks mixed on Turkey coup attempt, better China data
German 10-year yields, the euro zone benchmark for borrowing costs, fell 1.7 basis points to minus 0.08 per cent. Brent crude, the Global benchmark, was down 46 cents at $47.15 a barrel but above Friday's low of $46.65.

The report, citing sources close to the situation, said Ailes was given the option of resigning or being fired this week.

Fox News has since shared handwritten notes from Carlson to Ailes from late 2015 in which she said she'd love to remain at Fox, while asking for additional opportunities there.

Ailes, meanwhile, is making it clear he has no intention of avoiding the controversy created by the sexual harassment lawsuit.

In a statement, he said, "Gretchen Carlson's allegations are false".

In the wake of the allegations, Fox hired New York-based law firm Paul, Weiss to conduct an investigation into Ailes' behavior.

Several Fox News personalities tried steering clear of the drama while in Cleveland for the Republican National Convention.

In the video, Carlson, who is sporting a white jacket, said she wants victims of sexual harassment to be heard and not 'silenced'.

With the recent claims by Kelly - one of the network's biggest stars, especially after she brazenly challenged Donald Trump's misogyny during the Republican debates a year ago - Fox executives are ready to cut Ailes loose, according to reports. She worked for the network for 11 years, serving as co-host in the popular morning "Fox & Friends" show and as a host of her own afternoon news broadcast.

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