Jay also joined FOX News in 1996.
Added Murdoch: "Fox News continues to break both viewing and revenue records, for which I thank you all". According to reports, many Fox News employees were unhappy with Shine's promotion; they reportedly considered him complicit in fostering the culture of misogyny that prompted the allegations.
Shine, who has been with Fox News since 1996 and served as co-president since Roger Ailes' ousting past year, worked closely with and was a vocal supporter of Bill O'Reilly, who exited Fox News this month following sexual harassment claims.
"A Fox News executive who complained to ousted co-president Bill Shine about how her male colleague's treatment of women at the company was told "[the colleague] was a necessary evil", New York Magazine's Gabriel Sherman reports.
Fox News co-president Bill Shine is resigning, network officials announced.
In addition to Ailes, O'Reilly and now Shine, Fox has lost Megyn Kelly and Greta Van Susteren, both of whom anchored evening programmes on Fox.
To any rational student of corporate management, Shine's work alongside Ailes for two decades should have prompted his ouster along with Ailes.
And then there was the reporting that Hannity may leave Fox.
The shakeup came on the same day that Fox is launching two new shows.
The Murdochs have been feeling increased pressure to make good on their public statements to foster "a workplace based on the values of respect and trust". Scott's name is mentioned in Roginsky's lawsuit accusing Ailes of sexual harassment. Current executive vice president Suzanne Scott assumes the role of president of programming for the network; she has been with Fox News since 1996 in multiple production and creative areas.
And now for the really good news.
Hannity was on Twitter on Thursday to defend Shine, writing to NY magazine's Gabriel Sherman that if the rumors about Shine's imminent departure were true, it's "the total end of the FNC as we know it". During the 2016 presidential campaign, Hannity cheer-led for Donald Trump, advised Trump and even, at one point, did a video promotion for him. Ailes denies those charges. Shine was Roger Ailes's right-hand man and Sean Hannity's former producer.