Bill O’Reilly, the famous news personality, has been ousted from Fox News due to multiple sexual harassment allegations. Michelle Castillo looked at some of the numbers involved:

• O’Reilly brought in $325 million in ad revenue alone last year.
• In return he had a contract worth $20 million a year – meaning Fox News made a 1,500% return on investment on him.
• In that context it becomes clearer why Fox News helped pay some of the $13 million to settle the harassment lawsuits.
• After the settlements came to light most major advertizers deserted the show, making it difficult for Fox to justify the economics of keeping it on air.
• Some have predicted that Fox could lose up to $100 million a year because of the O’Reilly saga.
• Others disagree, saying that the network is not reliant on individual personalities. When Megyn Kelly – another famous news personality – left, the network’s ratings actually went up.
• Shares in Fox News’ parent company dropped less than 1% on the day of the announcement.

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