Chris Wallace is leaving Fox News after 18 years, a move that many are hailing as a loss for the network that depended on Wallace's credibility for balance, and will be joining rival CNN's planned streaming service.
Chris Wallace moderated the third US presidential debate at the Thomas & Mack Center on October 19, 2016 in Las Vegas, Nevada.
The images are from the same company.
Wallace announced his departure from Fox News at the end of his show on Sunday, saying he wants to try something new, to go beyond politics, and that he is ready for a new adventure.
Variety reported that Wallace's contact with Fox News is believed to have expired.
Wallace said he is excited to explore the world of streaming. I am looking forward to the new freedom and flexibility streaming affords in interviewing major figures across the news landscape.
Fox News said they are proud of their journalism and will continue to host Fox News Sunday until a permanent host is named, according to the New York Times.
NPR reported last month that Wallace complained to higher-ups at the network about the program, and he interviewed a congressman about it.
Fox News colleague and colleague of Wallace, Baier, said it was an honor to work with him.
Wallace's exit comes amid a flurry of high-profile media shakeups. Brian Williams is leaving NBC after 28 years. Chris Cuomo was fired by CNN last week after it was revealed he aided his brother in the sexual harassment scandal.
The key background.
Mike Wallace was one of the original hosts of "60 Minutes." Wallace moderated two presidential debates during his time on Fox. He criticized his colleagues for being too partisan and held a hard line with interviews.
The quote is crucial.
In April, Wallace told Forbes that there was as much opinion on CNN and MSNBC as there was on Fox. Some people don't label it as opinion because they agree with it, but I think they push a liberal agenda just as much as some of the Fox shows push a conservative agenda.
Chris Wallace has been with Fox News for 25 years.
Brian Williams is leaving NBC News after 28 years.
Chris Cuomo was fired by CNN for helping his brother.