Ailes Stays On

Roger Ailes, 68, the former Republican strategist for Ronald Reagan and George H.W. Bush who founded Fox News and Fox Business News, has signed with Rupert Murdoch’s News Corp. for another five years. “Financial terms of the agreement weren’t immediately disclosed,” reports THR.com, “but Ailes’s current salary is $5 million a year, not including bonuses and other compensation that earned him $19 million in 2008 and $10.9 million in 2007, according to U.S. Securities and Exchange Commission documents.” Asked why he signed, Ailes replied, “I just enjoy the work, and I don’t have any hobbies, so what the hell am I going to do?” “I look forward to carrying out Mr. Murdoch’s legendary vision in the future,” he added.