The chief executive of Fox News, Suzanne Scott, will remain in her role for several years to come after signing a new contract with Rupert Murdoch’s Fox Corporation, the network said on Tuesday.
The new multiyear deal will keep Ms. Scott as the leader of Fox News Media, which also includes the cable channel Fox Business and the streaming service Fox Nation.
“Suzanne’s track record of success, innovative sprit and dedication to excellence make her the ideal person to continue to lead and grow Fox News,” Lachlan Murdoch, the executive chairman of the Fox Corporation and Rupert Murdoch’s eldest son, said in a statement on Tuesday.
The network did not disclose the exact length or financial terms of the deal.
Fox News is facing a major defamation lawsuit and working to regain the ratings crown it recently lost to CNN for the first time in decades. Some viewers left the network for alternative channels like Newsmax after Fox’s news division called the presidential election for Joseph R. Biden Jr., over the protestations of then-President Trump.
Until Election Day, though, Fox News had been enjoying another record year under Ms. Scott’s tenure. Its weeknight lineup ended the year as the third-most-watched in all of prime-time television, ahead of the ABC broadcast network.
“I am grateful to Rupert and Lachlan Murdoch for the opportunity to continue leading Fox News Media and positioning all of our platforms for future success,” Ms. Scott said in a statement.