Fox News Boss Demoted

FOXRoger Ailes, the 15-year boss of Fox News, who has built it from the ground into a hugely profitable channel has been dealt a massive blow by the bosses at 21st Century Fox.

There’s lots of change at the top at 21st Century Fox: Rupert Murdoch is stepping down as CEO, handing the company over to his son James. Rupert’s other son Lachlan will join his dad as executive co-chairman. And Chase Carey, the company’s deputy chairman, president and COO, is becoming executive co-chairman.

In an e-mailed press release sent out on Tuesday confirming its executive changes, Fox makes no mention of Roger Ailes.

As news emerged last week that Rupert Murdoch was stepping down, New York Magazine’s Daily Intelligencer blog reports that Ailes released “what now appears to be a rogue statement” to the Fox Business Channel, saying that he would continue to run the news network, reporting directly to Rupert Murdoch.?

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