Our story on Glenn Beck's departure from his daily show on Fox News is here.

"I feel as though we are heading into deep and treacherous waters," Beck warned as he explained his decision. I will continue to tell the story … but I have other things to do." But he also emphasized: "Fox is one of the only places you will find truth."

While some on the left were declaring victory — Media Matters' David Brock called it a "victory for civil discourse" — Fox News chairman Roger Ailes told the Associated Press that "half of the headlines say he's been cancelled. The other half say he quit. We're pretty happy with both of them."

Although Beck said he would still do specials and other ventures for Fox, Howard Kurtz writes that it was a case study of "how even the most successful broadcast personalities can become too hot to handle."

The strength of that personality will get a test if Beck launches a new venture via his own media company or website, as is expected. There have been reports that Beck will try to launch some kind of branded channel.

In some ways, the career turning point mirrors the situation of Keith Olbermann, a frequent Beck critic who compared him to Lonesome Rhodes from the movie "A Face in the Crowd," departed MSNBC abruptly in January, and later signed on to be the signature news star of a retooled primetime lineup on Current TV. Whether Olbermann's fans follow him there, and the channel is able to create a lineup around him, remains to be seen.

 

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