Hasta La Creative!

21st Century Fox said Thursday that Roger Ailes is stepping down as the longtime chairman-CEO of Fox News Channel, the cable powerhouse he created for Rupert Murdoch in 1996 and has led ever since, putting a sudden and unexpected end to a long, influential reign.

Mr. Ailes’ departure had been reported as imminent in recent days, it was only two weeks ago that former Fox News anchor Gretchen Carlson sparked the company investigation that led to his ouster by filing a lawsuit accusing him of sexual harassment. Mr. Ailes has denied the allegations.

Mr. Murdoch, executive chairman of 21st Century Fox, will assume the role of chairman and acting CEO of Fox News Channel and Fox Business Network, the company said.

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