It was Sherman who kept nervous shareholders up-to-date on what was going on inside 21st Century Fox since former Fox anchor, Gretchen Carlson, filed her lawsuit against Ailes for alleged sexual harassment. Also, Sherman did a great sustained service to Ailes watchers. They were in it primarily for the gossip.
Essentially, Sherman's information was on the money, literally. Perhaps he set this catastrophe in play with his 2014 negative Ailes' biography "The Loudest Voice in the Room." Despite being out there for more than two years, it's ranked at 9,949 on Amazon. Here you can order it from Amazon. I was bug-eyed when reading it.
At the time of the original publication, the book resonated even more than it might have. That was because Ailes' personal public relations representative, Bob Dilenschneider, ham-handedly purchased $15,000 in ads for a positive Ailes' biography. That he was the buyer was found out. And it looked all the more cartoonish because the positive book had been out there for a while. Duh.
With his money and contacts, Ailes does have a Next. But how big will it be and will it be worth Sherman's time to keep tracking that one-time empire-builder?
It might be that Sherman will have to move on. He might focus on the Three Mediateers: Rupert, Lachlan and James Murdoch. There's plenty shareholders and gawkers want to know about how they will reshape Fox News in the post-Ailes era.