Murdoch to Fox News employees: 'Network will continue to be a powerhouse'

Murdoch to Fox News employees: 'Network will continue to be a powerhouse'
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Rupert Murdoch, chairman of 21st Century Fox and Fox News, sent a memo Wednesday afternoon to address questions surrounding the departure of top-rated host Bill O'Reilly.

"By ratings standards, Bill O’Reilly is one of the most accomplished TV personalities in the history of cable news," Murdoch wrote in the memo obtained by The Hill. "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."

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“Most importantly, we want to underscore our consistent commitment to fostering a work environment built on the values of trust and respect," the memo continues.

"I understand how difficult this has been for many of you. Thank you for your hard work, patience, and for the great job you all do delivering news and opinion to millions of Americans whose trust you earn every day. I look forward to even more success in the coming years."

The Wednesday afternoon announcement of 21st Century Fox's decision to oust O'Reilly sent shockwaves through the media world.

The decision comes just 18 days after an April 1 New York Times report that said O’Reilly or 21st Century Fox had paid $13 million to settle harassment claims from five women.