Key Anchorman Re-ups at Fox News THR

One of the network's key anchors has re-signed with the Fox News Channel, reports The Hollywood Reporter.

Chris Wallace, son of legendary CBS newsman Mike Wallace, has re-upped with Fox through 2012, the story says. Chris Wallace anchors "Fox News Sunday."

Said Chris Wallace in a statement, THR reports, """I am delighted to know where I'm going to be sending my Sunday mornings for the next few years and to be part of an outstanding Fox News team covering the changing balance of power in Washington, the 2012 Presidential election and beyond."

Terms of the deal weren't disclosed, the article said..