AILES STEPS ASIDE AT FOXNEWS; WILL REMAIN AT PARENT COMPANY AS ADVISER
Thu Jul 21 2016 16:10:43 ET

Letter from Roger Ailes To Rupert Murdoch
**Exclusive**

Dear Rupert,

With your support, I am proud that we have built Fox News and Fox Business Channels into powerful and lucrative news organizations that inform our audience and reward our shareholders. I take particular pride in the role that I have played advancing the careers of the many women I have promoted to executive and on-air positions. Many of these talented journalists have deservedly become household names known for their intelligence and strength, whether reporting the news, fair and balanced, and offering exciting opinions on our opinion programs. . Fox News has become Number 1 in all of cable because I consistently identified and promoted the most talented men and women in television, and they performed at the highest levels.

Having spent 20 years building this historic business, I will not allow my presence to become a distraction from the work that must be done every day to ensure that Fox News and Fox Business continue to lead our industry. I am confident that everyone at Fox News and Fox Business will continue as the standard setters that they are, and that the businesses are well positioned for even greater success in the future.

I am proud of our accomplishments and look forward to continuing to work with you as an adviser in building 21st Century Fox

All the best,

Roger.