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The possibility that Glenn Beck will exit Fox News Channel at the end of the year has prompted a big question in media circles: If he leaves, how will he bring his considerable audience with him?

Two of the options Beck has contemplated, according to people who have spoken about it with him, are a partial or wholesale takeover of a cable channel, or an expansion of his subscription video service on the Web.

Reports this week that Joel Cheatwood, a senior Fox News executive, would soon join Beck’s growing media company, Mercury Radio Arts, were the latest indication that Beck intended to leave Fox, a unit of News Corp., when his contract expires at the end of this year.

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