"Bill O'Reilly has adopted a strategy of silence but the ad industry should not", said Scott Kowalchek, DirectAvenue CEO and TV advertising expert, referring to the fact that O'Reilly has not commented on the accusations in his show "The O'Reilly Factor" since the story broke. But 21st Century Fox has previously said O'Reilly "denies the merits of these claims".
Fox News paid O'Reilly $18 million in 2016, and his contract with the network expires this year.
Smith criticized President Donald Trump for defending Fox News host Bill O'Reilly from new allegations of sexual harassment.
How have Fox News and Bill O'Reilly responded?
Democratic Congresswoman Maxine Waters is commenting on the Bill O'Reilly Scandal. From a network rampant with sexual harassment and misogyny, one couldn't expect anything else.
A large number of advertisers have announced their decision to suspend their ties with "The O'Reilly Factor", but the anchor's audience, it seems, has not.
Markets Right Now: US stocks are off to a mixed start
Moreover, Phocas Financial Corp. has 0.82% invested in the company for 329,388 shares. (NYSE:AVT) for 10,456 shares. The upped price target suggests a potential upside of 0.36% from the company's most recent stock price close.
Despite companies pulling their ads, the network has stood by O'Reilly up until this point, with the show still coming on as normally scheduled.
O'Reilly has largely stayed silent on the issue so far this week, except for a short statement on his website dismissing the allegations.
Fox has "treated women very badly", Waters said, adding that she supported a criminal investigation of the matter. "Then, I don't recall specifically how it came up, but I think he mentioned O'Reilly first and answered the question, essentially, that he thought O'Reilly should not have settled and that he should have, quote, taken it all the way".
O'Reilly also holds the No. 3 spot on the Times' hardcover non-fiction list with Killing the Rising Sun, which focuses on the last years of World War II.
On "Late Night" this week, host Seth Meyers echoed the concerns of many in America when he compared the programming on conservative "news" station Fox News to state-run television. "Factor" was the most-watched show in cable news both Monday and Tuesday this week.
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