In addition, the former Good Morning Britain presenter will also join The Sun and the New York Post as a columnist, it has been announced.
He said: “I’m thrilled to be returning to News Corp, which is where I began my media career more than 30 years ago. Rupert Murdoch has been a constant and fearless champion of free speech and we are going to be building something new and very exciting together.
“I want my global show to be a fearless forum for lively debate and agenda-setting interviews, and a place that celebrates the right of everyone to have an opinion, and for those opinions to be vigorously examined and challenged.
“I’m also delighted to become a columnist for The Sun and the New York Post, two brilliantly successful and popular newspaper brands.
“I’m going home and we’re going to have some fun.”