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Chris Wallace inks deal at Fox News

Sunday news anchor signs multi-year pact

Chris Wallace has signed a multi-year contract with Fox News to continue anchoring “Fox News Sunday.”

In a release, Wallace said he would be “covering the changing balance of power in Washington, the 2012 presidential election, and beyond,” but the specific length and financial terms of the contract were not disclosed.

Michael Clemente, FNC veep of news editorial, praised Wallace’s reporting acumen. “Chris is a consummate journalist who is renowned in the industry for his hard-hitting interviews,” Clemente said.

Wallace’s hourlong show, which airs at 9 a.m. Sundays on Fox’s broadcast net and re-airs later on Fox News Channel, predates FNC and shares some of its personalities with the cable net, including Brit Hume and Juan Williams. Wallace will continue to contribute to political and election news coverage to Fox News Channel. He is based in Washington, D.C.

Last month Fox’s news division secured FNC anchor Shepard Smith through the next presidential election, and renewed commentator and talkshow host Laura Ingraham’s contract earlier in November.

Before joining Fox in 2003, Wallace worked for 14 years at ABC News, where he held the post of senior correspondent for “Primetime” (then “Primetime Thursday”) and was a substitute host for “Nightline.”

His career in the news biz extends a back to his teen years, when he worked as an assistant to Walter Cronkite during CBS’ coverage of the 1964 Republican National Convention.

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