It Looks like Roger Ailes Will Be Leaving Fox News

Ailes had been sued for sexual harassment and wrongful termination.

Roger Ailes.Fred Prouser via Reuters/Zuma Press

Update 5:09 p.m. EDT: The Daily Beast reports that Fox News walked back on its statement that Ailes had left the company. 21st Century Fox just released this statement following recent reports:   

Fox News CEO Roger Ailes will reportedly be leaving the company and various outlets suggest that he may receive a $40 million buyout, according to the Drudge Report and the Daily Beast. Ailes had been under an internal investigation by 21st Century Fox after a sexual harassment and wrongful termination lawsuit by former anchor Gretchen Carlson. The Daily Beast says that it later confirmed with Fox News that Ailes had been fired.

Earlier today, New York magazine reported that anchor Megyn Kelly had told investigators that she had also been sexually harassed by Ailes.

This is a breaking news post and will be updated as we receive more information.