NBC News contributor Gabe Sherman, who broke the story of Bill O’Reilly’s exit for “New York Magazine,” joins TODAY to weigh in on what’s next for Fox News. Following the exit of Roger Ailes, Megyn Kelly and now Bill O’Reilly, Sherman says “this is going to be a new network” and says James Murdoch, Rupert Murdoch’s youngest son, would like to move it into a more centrist moderate position. “This is more of a family struggle at this point than it is a television one,” Sherman says. » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch the latest from TODAY: http://bit.ly/LatestTODAY About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: http://on.today.com/ReadTODAY Find TODAY on Facebook: http://on.today.com/LikeTODAY Follow TODAY on Twitter: http://on.today.com/FollowTODAY Follow TODAY on Google+: http://on.today.com/PlusTODAY Follow TODAY on Instagram: http://on.today.com/InstaTODAY Follow TODAY on Pinterest: http://on.today.com/PinTODAY Fox News’ ‘Factor’ Goes On Without Bill O’Reilly In Major Cable Shakeup | TODAY