The most compelling article we read Wednesday about the expected ouster of Fox News architect Roger Ailes was Michael Wolff’s piece in The Hollywood Reporter.
Writes Wolff: “It was James Murdoch’s cold calculation that ended the hand-wringing debate: Whither Fox News and its $1.2 billion in annual profits without Roger Ailes, no small concern of his older brother Lachlan and their father, Rupert? ‘Ailes is 76 and unhealthy, so how much longer could he last anyway?’ the younger Murdoch is said to have asked, and to have argued: Since they would lose Ailes soon enough anyway, why not turn lemons into lemonade and get credit for kicking him out for being a sexist pig? ”
Wolff, who wrote the 2010 book “The Man Who Owns the News: Inside the Secret World of Rupert Murdoch,” also notes in the THR piece, “Indeed, the ouster of Ailes, a sorry PR capitulation in [Rupert] Murdoch’s view, is not just an abrupt end to Ailes’ career at 21st Century Fox, but, in a way that’s hard to miss, rather a [Rupert] Murdoch coda.
“For his sons, James and Lachlan, who became the co-operators of the $53 billion company a year ago (reporting only to their father), getting rid of Ailes is their first transformative management step, one quite unimaginable under their father or under their predecessor, Chase Carey, who, while often annoyed with Ailes, would never have taken the responsibility for imperiling the future of Fox News, the company’s golden goose.”
We urge you to read Wolff’s entire THR essay, which you can find by clicking here.