His abrupt dismissal ends O'Reilly's 21-years at the helm of The O'Reilly Factor, which began as The O'Reilly Report when the fledgling network began in 1996.
Perino said at the top of the show that, "We know you, his loyal viewers, will have a lot of feelings about it". O'Reilly could be totally innocent but when advertisers abandon ship, it's over.
A few 21st Century Fox executives outside the news division had said that they wanted a resolution and that O'Reilly would have been fired earlier had he worked in their groups, according to people familiar with the matter. The books in his "Killing" historical series, including "Killing Lincoln" and "Killing Reagan", have consistently sold 1 million or more copies in hardcover, a rare achievement in publishing, and his platform on Fox enabled him to promote his work.
By that time, the news had already generated considerable coverage on Fox's primary cable news competitors, CNN and MSNBC.
Fox News neocon blowhard Bill O'Reilly was officially ousted by the network Wednesday as a result of a growing sexual harassment scandal.
For O'Reilly, who has been with Fox since October 1996, it marks a stunning downfall. He thanked his viewers and noted the success Fox had achieved.More news: Herrera vows to keep proving his worth
"To see this seismic shift in corporate culture, for a company to put woman's rights ahead of the bottom line, this is enormous", said Wendy Walsh, a former O'Reilly guest who made allegations against him. "The Five", an ensemble political round table, will move to 9 p.m., from the afternoon.
At 7 p.m. EDT, Martha MacCullum remains in place.
Fox News Channel, through an official statement, revealed that the network came to this decision after conducting a careful and thorough investigation of the sexual harassment charges against the TV personality.
He had been scheduled to return from a holiday next Monday.
It marks a stunning end to a near ideal marriage between a pugnacious personality and network.
The Catholic TV host who had previously taken the pontiff to task for his views on immigration, sat in a VIP section in St Peter's Square.More news: Nashville Predators complete sweep of Chicago Blackhawks
Jane Hall, a journalism professor at American University in Washington and former Fox News contributor called it a "significant moment" in dealing with allegations of sexual harassment, both at Fox News and in general. The show had dealt with a wave of cancellations from advertisers in the wake of the sexual harassment allegations against O'Reilly. O'Reilly has denied wrongdoing.
Francis always goes past the VIP seats at the end of his audience for a quick round of handshakes.
Representatives at Fox News and its parent, Twenty-First Century Fox, were not immediately available for comment about how O'Reilly might be replaced.
Gabriel Sherman, a long-time O'Reilly-watcher at NY magazine, reported Wednesday before the announcement that Fox executives were in the final negotiations with O'Reilly, mainly over the timing of an announcement and whether he would be allowed to say good-bye to his audience.
Then came an April 1 report in The New York Times that five women had been paid a total of $13 million to keep quiet about disturbing encounters with O'Reilly.
Pope Francis likely had no idea whose hand he was shaking however as the pontiff has said in interviews that he does not watch television.More news: Soyuz space capsule with American, Russian blasts off for International Space Station
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