President Donald Trump is reportedly eying launching an online media company after his presidency.
Trump is considering launching an online competitor to Fox News in part to spite the network, according to sources familiar with the president’s thinking, Axios reported on Thursday. Trump has increasingly criticized Fox in recent months over its coverage and then its decision to call the state of Arizona early for Democratic presidential candidate Joe Biden.
“He plans to wreck Fox. No doubt about it,” a source told Axios.
The president has extensive email and cell phone lists from his 2016 and 2020 campaigns that he can use to help launch a media venture. Trump may also use rallies late in the year, ostensibly for building support for his election legal fight with Biden, to bash Fox News to his base. Many of the members of Trump’s target audience for a media venture are likely Fox viewers.
Trump is planning to sidestep the boundaries of launching a cable network and moving straight to an online streaming/subscription service.
“Trump’s digital offering would likely charge a monthly fee to MAGA fans. Many are Fox News viewers, and he’d aim to replace the network — and the $5.99-a-month Fox Nation streaming service, which has an 85% conversation rate from free trials to paid subscribers — as their top destination,” Axios reports.
Trump has increasingly criticized Fox’s coverage of his administration while touting outlets such as Newsmax and One America News Network [OANN].
“Watching @FoxNews on weekend afternoons is a total waste of time. We now have some great alternatives, like @OANN,” he said in a tweet earlier this year.
On Monday, Fox News cut away from a press conference by White House press secretary Kayleigh McEnany as she was accusing Democrats of undermining U.S. elections by not supporting voter ID laws.
This is an excerpt from The Daily Wire. For the full version, click here.
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