Bill O'Reilly is out at Fox News, parent company 21st Century Fox said in a statement on Wednesday.
"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," the company said.
Earlier this month, a slew of major brands pulled their advertisements from Fox News' "The O'Reilly Factor" amid allegations of sexual harassment, which O'Reilly has denied.
The New York Times reported that he or Fox settled five cases, totaling about $13 million.
The scandal prompted 21st Century Fox to commission an investigation into O'Reilly's behavior, the Times reported.
Full Story: http://www.cnbc.com/2017/04/19/bill-oreilly-out-at-fox-news.html