Fox announces replacement for Bill O'Reilly

Fox News has officially cut ties with Bill O'Reilly amidst sexual assault allegationsTo be more specific, the network says that after "a thorough and careful review of the allegations" O'Reilly also agreed he would not be returning. 

Whether he agrees with the decision to leave or not, O'Reilly maintains his innocence. "It is tremendously disheartening that we part ways due to completely unfounded claims," he says. "But that is the unfortunate reality many of us in the public eye must live with today."

"The O’Reilly Factor," which has been on the air for almost two decades, will continue for the rest of week at 8pm ET with guest hosts Dana Perino tonight and Greg Gutfeld tomorrow night. Beginning Monday, "Tucker Carlson Tonight" will take over the time slot. "The Five" will move into the 9pm slot. Here's their announcement.

· 5 p.m. -- A one-hour program hosted by Eric Bolling will debut on Monday, May 1. For the week of April 24-28, "Special Report with Bret Baier" will fill the 5-7 p.m. timeslot. 

· 7 p.m. -- "The Story with Martha MacCallum" airs live, debuting on Monday, May 1. MacCallum will continue anchoring "The First 100 Days" through April 28

· 8 p.m. – "Tucker Carlson Tonight"

· 9 p.m. -- "The Five" airs live with co-hosts Kimberly Guilfoyle, Dana Perino, Bob Beckel, Greg Gutfeld, Jesse Watters and Juan Williams

· 10 p.m. – "Hannity" remains in its current timeslot, hosted by Sean Hannity

O'Reilly is currently on vacation in Italy and shook hands with the Pope the same day that news of his firing was announced

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