A beloved presence at Fox, his exit is not the consequence of any bad blood, but rather an increasingly common industry reality: Cavuto was offered a new contract, which he declined to accept his new deal. Fox wanted him to stay on board, but a source explained that he ultimately decided to leave,” Mediaite reported.
“The cable news industry has seen a season of belt-tightening that has resulted in similar departures of star journalists who have opted to quit their networks instead of taking a smaller salary. While Fox News is on much better footing than its competitors — thanks to continued ratings dominance and a successful multi-platform strategy — even Rupert Murdoch’s news behemoth is not immune to the new realities of the business,” the outlet added.
“Over the past few years, Cavuto has become an iconoclast on Fox’s dayside programming
