According to a report by the New York Times that has now been confirmed by Fox News, former United States governor of Alaska and 2008 Republican vice-presidential nominee Sarah Palin has signed a multi-year deal to work as a news contributor for American television station Fox News. The deal is effective immediately, and Palin will reportedly contribute regularly to all Fox stations. The monetary terms to the deal have not yet been disclosed, but the agreement is rumored to be for three years.
"Governor Palin has captivated everyone on both sides of the political spectrum...," said Bill Shine, Fox News's vice president of programing,"We are excited to add her dynamic voice to the Fox News lineup," he added in his comments.
As well as contributing, Palin will also be hosting a new program slated to air on Fox News. Called Real American Stories, the series will portray stories of overcoming obstacles during current times and through current social or economic problems that may be going on at the time. The series has no planned release date, but will air sometime within 2010.
Palin released a statement herself Monday afternoon. "I am thrilled to be joining the great talent and management team at Fox News. It's wonderful to be part of a place that so values fair and balanced news," she said.
After serving as mayor of the town of Wasilla, Palin was elected governor of Alaska in 2006. U.S. Republican candidate John McCain picked Palin to serve as his running mate in the 2008 U.S. Presidential election, where she and McCain lost to Democrat Barack Obama and his running mate Joe Biden. In July 2009, she resigned from the governor position of Alaska governor, possibly opening up a run for U.S. president in 2012.

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Former U.S. governor Palin signs TV deal with Fox News