We knew this was coming, but here's the formal announcement from 21st Century Fox.
“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.”
That's it. That's all they have to say for themselves.
Those who would know have speculated that Fox News co-president Bill Shine will be joining O'Reilly in the gutter shortly as this is far from over. Indeed, this could still be just the beginning because, as you know, a federal grand jury is currently reviewing secret payments made to the victims and accusers of both Bill O'Reilly and former chief Roger Ailes.
Fox has known about the allegations against O'Reilly for many years. They did not conduct a "thorough and careful review" of the allegations; they conducted a thorough review of their revenue stream.