Bill O'Reilly.
(Image credit: Dimitrios Kambouris/Getty Images for Hollywood Reporter)

Update 2:34 p.m. ET: Fox News' parent company, 21st Century Fox, has confirmed O'Reilly will not be returning to the network. "After a thorough and careful review of the allegations, the company and Bill O'Reilly have agreed that Bill O'Reilly will not be returning to the Fox News Channel," 21st Century Fox wrote in a brief statement. An internal memo to employees said: "By rating standards, Bill O'Reilly is one of the most accomplished TV personalities in the history of cable news. In fact, his success by any measure is indisputable. Fox News has demonstrated again and again the strength of its talent bench. We have full confidence that the network will continue to be a powerhouse in cable news." Our original post appears below.

The Murdoch family, which runs Fox News, has reportedly decided to fire Bill O'Reilly from the network, New York's Gabriel Sherman has learned.

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.