The new multi-year, multi-million dollar agreements, which are expected to be completed by early next week, will take both hosts past their 20-year mark at the cable news network.
O’Reilly and Hannity host Fox News Channel’s two most popular shows — in fact they are the two most-watched cable news programs. Both have been with Fox News Channel since launch in Oct. 1996. No terms were released but in 2010 TV Guide estimated O’Reilly was earning about $10 million per year, and that does not include his books and other enterprises. And in addition to Hannity’s salary, he also has his lucrative radio show. That deal, struck in 2008, paid him $100 million over five years. O’Reilly and Hannity’s boss, Fox News chairman and CEO Roger Ailes, made nearly $16 million last year.