Fox News Creates Workplace Council to Settle Harassment Suit
- Conduct of Fox News is potential threat in deal for Sky Plc
- Workplace environment, minority recruiting part of mandate
Pedestrians pass in front of signage outside Twenty-First Century Fox Inc. headquarters in New York, on May 3, 2017.
Photographer: Alexander F. Yuan/Bloomberg21st Century Fox Inc. agreed to create a workplace council at its embattled Fox News channel and will receive a $90 million insurance payment as part of a deal settling shareholder litigation over sex-harassment scandals at the network.
The conduct of Fox News has become a threat to 21st Century Fox’s efforts to acquire full ownership of Sky Plc, one of Europe’s biggest pay-TV providers. The deal is the latest step in the company’s attempt to address reporting and oversight failures that allowed alleged sexual misconduct by its chief of its news operations, the now-deceased Roger Ailes, and others to continue without the board being aware.