Megyn Kelly reportedly wants $20 million a year to stay at Fox News; Rupert Murdoch says she's replaceable
Megyn Kelly is a rapidly rising star at Fox News, her contract expires next year, and she has hired a new agent and publicity team to help her negotiate a hefty raise. Kelly is set to earn $15 million this year, The Wall Street Journal reports, and is seeking more than $20 million a year for her next contract, about the same as fellow Fox News star Bill O'Reilly makes (though O'Reilly's contract is up for renewal next year, too). Fox News CEO Rupert Murdoch tells The Journal, which he owns, that he is monitoring Kelly's contract talks "every minute of the day" and hopes to sign a new contract "very soon," but if Fox News and Kelly can't reach agreement, "we have a deep bench of talent, many of whom would give their right arm for her spot."
CNN and ABC are reportedly very interested in poaching Kelly, with ABC reportedly considering her for Good Morning America or an evening news magazine. Kelly, a lawyer by training, has gained notoriety through tough on-air exchanges with Donald Trump and, on Tuesday, Trump advocate Newt Gingrich. There has been speculation that with former Fox News chief executive Roger Ailes' ouster, the conservative cable news network might take a more centrist turn, and Kelly would be a key part of that strategy. Murdoch shot that idea down, telling The Journal "we're going to want Bill [O'Reilly] to stay with us," and "we're not changing direction... that would be business suicide."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
The Pentagon faces an uncertain future with Trump
Talking Point The president-elect has nominated conservative commentator Pete Hegseth to lead the Defense Department
By Justin Klawans, The Week US Published
-
This is what you should know about State Department travel advisories and warnings
In Depth Stay safe on your international adventures
By Catherine Garcia, The Week US Published
-
'All Tyson-Paul promised was spectacle and, in the end, that's all we got'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published
-
Disney and DeSantis reach detente
Speed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
By Peter Weber, The Week US Published