"I am thrilled to be joining the great talent and management team at Fox News," Palin said in a statement released shortly after The New York Times broke the story Monday. "It's wonderful to be part of a place that so values fair and balanced news."
Palin won't have her own show, but she will make regular appearances on Fox and will host an "occasional series," one source told The Times. There was no immediate word on how much she will be paid.
There was widespread speculation when Palin resigned as governor of Alaska in July that she would get her own television program -- most likely on Fox.
Another blog, The Awl, didn't see the multiple-year commitment as a problem for Palin, who stepped down halfway through her term as governor. In a post reacting to news of the Fox deal, the blog said, "if there's one thing we know about Sarah Palin, it's that she is totally great at fulfilling multiyear obligations."
"If Palin were serious about running for president and winning, she would be thinking about how to expand her support beyond the Republican party core that is fed by Fox News," Michael Scherer added in Time's Swampland blog.
Among Palin's colleagues at Fox will be another former Republican governor, Mike Huckabee of Arkansas. The 2008 presidential contender hosts a weekend show on the network.
