Bill O’Reilly, the most-watched talking head on cable news, has reupped with Fox News Channel in a four-year deal that is reportedly worth $10 million a year.
“The O’Reilly Factor” has been the longtime leader among cable news shows in the 8 p.m. slot. In the third quarter, “O’Reilly” averaged 2.9 million viewers, up 42% from the same period last year.
“I decided to come back because under (FNC chief exec) Roger Ailes, Fox News is a great place to work,” O’Reilly said in a statement. “And, if I retired, I know my friends in the elite media would miss me greatly.”
O’Reilly may be retiring from his daily radio show, syndicated nationally by Westwood One to about 3.5 million listeners.
“I can’t work 60 hours a day,” he told the New York Daily News. “I’m going to have to make some kind of adjustments.”
In an interview with the Washington Post, O’Reilly said he’d likely give up the radio talker “by early next year.”
He declined to say how long he intends to stay on TV, but added: “I’m not going to be Andy Rooney, much as I respect him. There comes a point where what you’re doing isn’t worth it anymore. I don’t need any money.”