Megyn Kelly wanted to be the next Oprah. Her split with NBC shows why that may never happen.

Kelly is taking the reminder of her $69 million contract with her.

Megyn Kelly has officially split with NBC, taking the reminder of her $69 million contract with her, but leaving behind any aspiration of becoming the next queen of talk-show TV.

“The parties have resolved their differences, and Megyn Kelly is no longer an employee of NBC,” the company said in a statement Friday evening.

Both sides have been wrangling over the fine details since her show, Megyn Kelly Today, went off the...

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