Fox News CEO Roger Ailes Signs New Multi-Year Deal With 21st Century Fox

(RTTNews) - 21st Century Fox (FOX, FOXA) announced that Roger Ailes has signed a new multi-year contract with the Company to continue to serve as Chairman and CEO of Fox News and Fox Business Network, and Chairman of Fox Television Stations.

The announcement was made by Rupert Murdoch, Lachlan Murdoch and James Murdoch, to whom Mr. Ailes will jointly report.

Lachlan and James Murdoch, 21st Century Fox's designated Executive Co-Chairman and CEO, respectively, commented: "Roger is an incredibly talented executive and we're pleased he has accepted our offer to continue his extraordinary record of success at 21st Century Fox. We look forward to witnessing his energy and entrepreneurial drive in leading the next wave of growth for Fox News, Fox Business Network and Fox Television Stations, as well as many years of continued success together."