A year after Fox News was forced to apologize for misleading viewers about its coverage of the Paris attacks, it’s time to put an end to the problem.
The network is reportedly being paid $13 million per month to host a daily prime-time program for four weeks per year.
In addition to hosts like Tucker Carlson, Sean Hannity, and Megyn Kelly, Fox News also hosts a panel show called The Five.
The show airs on Monday nights from 9 p.m. to 10 p.k., featuring two panelists, two hosts, and one audience member each.
The series is meant to provide the hosts with a platform to offer “balanced and thought-provoking commentary” that will be accessible to the average person, Fox says.
The program’s creators claim the “balanced approach” will be “a great way for Fox News to continue its strong growth.”
The hosts are also reportedly getting paid to provide commentary for other Fox programs.
Fox News’ $13M contract with the panel shows shows the network’s annual revenue per day from the program, which covers both the United States and its satellite territories.
The contract also shows that the program is expected to be produced for approximately 10 hours per week.
The panel hosts are reportedly getting $12,854 per week for their roles, and each of them has a weekly salary of $2,500.
Each of the hosts have been granted a $100,000 advance.
Fox’s $13.5 million per-month contract with The Five is the highest-paid panel show in history, according to Fox News.
The hosts have a daily salary of approximately $2.7 million.
Fox has also reportedly given a portion of their paychecks to the hosts’ wives and children, and Fox News has also given Fox News staffers a percentage of their paycheck.
Fox is the second-largest pay-per-view network behind HBO.
The networks parent company, 21st Century Fox, is also reportedly being asked to contribute $3.5 billion to the U.S. economy by 2020.