Murdoch’s sons, Lachlan and James, who serve as co-chairman and CEO of the company, respectively, said in the statement that ”we continue our commitment to maintaining a work environment based on trust and respect.”

Ailes, who is 76, was accused in a July lawsuit of making sexual comments to and advances upon former Fox News anchor Gretchen Carlson, who claims she was fired after refusing his advances. Since then, other women who claim they were propositioned or otherwise harassed by Ailes have come forward, including the news anchor Megyn Kelly, and one woman who was allegedly asked if she was wearing panties while jumping on a trampoline at a company barbecue.

21st Century Fox launched an internal review after the lawsuit was filed against Ailes. And, earlier this week, reports surfaced that James wanted to give Ailes the option to step down or be fired this week, while his father and brother preferred to hold off until this week’s Republican National Convention was over.

With the press buzzing and convention drawing to a close, Ailes tendered his resignation.

“I will not allow my presence to become a distraction from the work that must be done every day to ensure that Fox News and Fox Business continue to lead our industry,” Ailes wrote in a letter to Murdoch obtained by the Drudge Report.

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