From a January 11 report by the New York Times' Jim Rutenberg:

Former Gov. Sarah Palin of Alaska has signed on as a contributor to the Fox News Channel.

The network confirmed that Ms. Palin will appear on the network's programming on a regular basis as part of a multi-year deal. Financial terms were not disclosed.

Ms. Palin will not have her own regular program, one person familiar with the deal said, though she will host an occasional series that will run on the network from time to time. This person would not elaborate, but the network does have a precedent for such a series. Oliver L. North is the host of an occasionally running documentary series on the military called “War Stories.”

Many suspected that when Ms. Palin retired as the governor of Alaska last summer she was doing so to pursue some sort of career in television. The Fox News deal, however, would not seem to be all encompassing, and would appear to give her room for other pursuits, as well.