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Roger Ailes reportedly out as head of Fox News

With a $40 million goodbye.

Fox News Chairman Roger Ailes walks with his wife, Elizabeth Tilson, as they leave the News Corp building Tuesday in New York City. As of late Tuesday afternoon, Ailes and 21st Century Fox are reportedly in discussions concerning his departure.
Fox News Chairman Roger Ailes walks with his wife, Elizabeth Tilson, as they leave the News Corp building Tuesday in New York City. As of late Tuesday afternoon, Ailes and 21st Century Fox are reportedly in discussions concerning his departure.
Drew Angerer/Getty Images

A quick follow to a story we brought you yesterday: 

One has to imagine this is the subject of much conversation in Cleveland — early reports in New York Magazine that Fox News chief Roger Ailes is on the way out after a sexual harassment lawsuit.

Those reports are now more numerous.

Variety, the Daily Beast and others say Ailes is out.

With a $40 million golden parachute.

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