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Ailes' days leading FOX News could be nearing end

RogerAiles' tenure as chairman and CEO of FOX News Channel (US) could soon be drawing to a close.

A New York Magazine report,citing sources, indicates that Rupert Murdoch and sons Lachlan and James —co-chairmen and CEO, respectively, of parent 21st Century Fox Inc. — are in agreement that Ailesshould be removed in the wake of a sexual harassment probe being conducted by aNew York law firm, which has reportedly evolved into a wider inquiry into theexecutive's management style.

JamesMurdoch reportedly wants to present Ailes with the choice of either resigningor being fired, while his father and brother feel no action should be takenuntil after FOX News Channel concludes its coverage of the Republican NationalConvention.

In astatement, 21st Century Fox said: "This matter is not yet resolved and thereview is not concluded."

Ailesclaims TV commentator Gretchen Carlson's sexual harassment against him are false, labelingthe legal action "a retaliatory suit for the network's decision not torenew her contract."

Ailes,76, drove the launch of FOX News Channel, which will mark the 20th anniversaryof its bow on Oct. 7, and has long been the cable news leader. Buoyed by theinterest in the histrionics of 2016 presidential election cycle, FOX NewsChannel has scored its highest-rated year-to-date (Dec. 28, 2015, through June26, 2016), leading all of basic cable during the first half in both primetimeand total-day, according to Nielsen data.

FOXNews Channel is expected to build on those numbers with its GOP conventioncoverage in the next few days.