Less than three weeks before Fox News knows if it will be
forced to suffer through allowed to cash in on another term of evil Obama socialism, the network has locked down its own leader: Roger Ailes has signed a four-year contract extension with News Corp., reports Howard Kurtz. Although Ailes’s current deal was set to take him through next summer, negotiations have been ongoing, as reported by our own Gabriel Sherman last month. And while the terms of the deal have not yet been disclosed, the bargaining chips certainly sat on Ailes’s side.
“Fox News generated about 40 percent of News Corp.’s profits last year, and those profits have translated into more control for Ailes,” Sherman wrote. And although he owns a newspaper upstate and publicly flirted with the idea of buying a baseball team, there was no real reason for Ailes to leave, even if we’re soon living in Mitt Romney’s America. “The network is his kingdom, and he rules over the operation unchallenged,” according to Sherman. “He has yet to publicly designate a successor. And his competitive streak provides plenty of drive for him to keep the ratings numbers juiced.”
With Sean Hannity and Bill O’Reilly also on oard through 2016, there’s no reason to think the next four years will be any different.