(CNN) - Fox News Channel anchor Glenn Beck will end his daily show later this year to develop and produce a variety of television projects to air on the channel, according to a release Wednesday.
The new agreement between FNC and Mercury Radio Arts will ensure Beck appears on the television network and through other "digital properties."
"Glenn Beck is a powerful communicator, a creative entrepreneur and a true success by anybody's standards. I look forward to continuing to work with him," Fox News Chairman and CEO Roger Ailes said in a statement.
"Glenn Beck" launched in 2009. The host previously hosted a show on CNN's sister network HLN.
Howard Kurtz, Washington bureau chief for The Daily Beast and host of CNN's "Reliable Sources" said the split was a "divorce many months in the making."
"By the end, both sides wanted out," Kurtz said in an email. "Beck's show proved too radioactive for Fox, and the network became an uncomfortable home for Glenn Beck."