Fox News parts ways with Dick Morris

Less than two weeks after Fox News announced its decision not to renew the contract for former Alaskan Gov. Sarah Palin, the network has decided to part ways with paid conservative pundit Dick Morris, too.

A spokeswoman for Fox News confirmed that Morris' contract was up and the News Corp.-owned network would not be renewing it. He had been a contributor to Fox News since 1998.

Morris, who predicted a "landslide" victory for Mitt Romney during the 2012 presidential election, was ridiculed in the wake of President Barack Obama's decisive victory on Nov. 6.

"I've got egg on my face," Morris wrote on FoxNews.com. "The key reason for my bum prediction is that I mistakenly believed that the 2008 surge in black, Latino, and young voter turnout would recede in 2012 to 'normal' levels. Didn’t happen."

"How badly does this hurt your franchise?" Bill O'Reilly asked Morris the day after the election.

In December, New York magazine reported Morris and fellow Fox political analyst Karl Rove—who initially refused to accept Obama's win on the air even after Fox News projected the president's reelection—had been benched by the network. Rove has since returned to the air, but according Media Matters, Morris has not appeared on Fox News since Nov. 12.

Morris isn't done with his cable news career entirely. On Wednesday, he's scheduled to appear on CNN as a guest on Piers Morgan's primetime show.

As for Palin, according to The New York Times, she had been renegotiating her original contract—reportedly worth $1 million a year—before talks dissolved last month.