News chief signs five-year deal

Fox News continues its drive to keep top people in place as the org’s parent company — News Corp. — announced that Fox News Channel topper Roger Ailes has signed a five-year pact that keeps him at the helm of Fox’s news ops, TV stations and Twentieth Television syndication wing.

News Corp. chairman Rupert Murdoch praised Ailes’ track record since he joined the conglom in 1996 to launch FNC, which has dominated the cable news market for more than five years. Murdoch also gave an endorsement to Ailes’ latest startup, the one-year-old Fox Business Network.

“Roger has done a remarkable job building Fox News into a force in journalism and built a great asset for News Corp. I have complete confidence in his talent and his editorial judgment. Under his leadership, I believe that Fox Business Network will become the strongest competitor in financial television news,” Murdoch said in a statement.

“I look forward to carrying out Mr. Murdoch’s legendary vision in the future,” Ailes said in a statement.

FNC recently signed new contracts with popular primetime talkers Bill O’Reilly and Sean Hannity.

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