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Business

Murdochs plan to ditch Ailes: report

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Opening sequence

Business

Murdochs plan to ditch Ailes: report

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COMING UP:Murdochs plan to ditch Ailes: report

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Transcript

00:00:01
>> The pressure is on for Fox News Channel boss, Roger Ailes, an icon in television news. 21st Century Fox releasing a statement Monday, as he tries to fend off a sexual harassment lawsuit from former Fox News Anchor, Gretchen Carlson, saying only that the matter is not yet resolved and that the review is not concluded.
00:00:21
This as New York Magazine published a story Monday saying the Murdoch's have already decided, Ailes should leave the company. It's just a question of when. Reuters breaking views columnist Jennifer Saba.>> This is a big deal. This is an epic situation for Fox. He's been there for decades, he's the one who built and created Fox News and turn it into one of the most successful cable networks in the country.
00:00:44
So he also has pulled in a lot of money for Fox, it represents a big chunk of their profit.>> New York magazine reporting that Murdoch's son, James, who's the CEO of 21st Century Fox is pushing for Ailes to be presented this week with a choice to resign or be fired.
00:01:03
But it says Lachlan Murdoch agrees with dad, Rupert, that the deed should be done after the GOP Convention wraps up.