Bill O’Reilly is reportedly out after 21 years on Fox News. Inside sources are saying executives are debating who his replacement should be at this moment.

New York Magazine:

The Murdochs have decided Bill O’Reilly’s 21-year run at Fox News will come to an end. According to sources briefed on the discussions, network executives are preparing to announce O’Reilly’s departure before he returns from an Italian vacation on April 24. Now the big questions are how the exit will look and who will replace him. Wednesday morning, according to sources, executives are holding emergency meetings to discuss how they can sever the relationship with the country’s highest-rated cable-news host without causing collateral damage to the network. The board of Fox News’ parent company, 21st Century Fox, is scheduled to meet on Thursday to discuss the matter. The Murdochs’ decision to dump O’Reilly shocked many Fox News staffers I’ve spoken to in recent days. Late last week, the feeling inside the company was that Rupert Murdoch would prevail over his son James, who lobbied to jettison the embattled host. It’s still unclear exactly how the tide turned.

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Read the rest of the report by New York Magazine here.

The Murdochs have decided O’Reilly has to go, Fox News is now figuring out how to sever ties before he returns 4/24https://t.co/CoG7mqwTjw — Gabriel Sherman (@gabrielsherman) April 19, 2017

Inside Fox News, executives are interviewing possible replacements for O’Reilly today, sources sayhttps://t.co/CoG7mqwTjw — Gabriel Sherman (@gabrielsherman) April 19, 2017

**UPDATE**: It is now confirmed that Bill O’Reilly will not be returning to Fox News. Here is an internal memo sent to all Fox News staffers…