Fox News made a big mistake by firing Tucker Carlson.
They have already seen a massive drop off of viewership since letting Carlson go.
And now Tucker Carlson just got some huge news that could destroy Fox News.
There is no question that Tucker Carlson’s future is looking very bright.
And that could very well mean a dark future for Fox News.
Billionaire backers for a new media company
Carlson, the wildly popular former Fox News host, has reportedly received interest from two GOP mega-donors investing in his new media company.
This could mean very bad news for the once proud Fox News.
Already, Carlson has shown he beats Fox in viewership just by appearing on Twitter (now X).
And as he looks for fresh opportunities to expand his reach, Carlson could end up taking on Fox head-to-head.
CNBC recently reported on the situation, citing “people familiar with the matter.”
They reported that Carlson has already talked to billionaire heiress Rebekah Mercer about a potential investment in his new media company.
And Silicon Valley venture capitalist and well known libertarian-leaning activist Peter Thiel has “hinted to allies that he could invest in the venture after hearing from Carlson’s side,” CNBC reported.
Though it remains unclear whether Mercer or Thiel are ready to move forward or whether any formal agreement has been reached, just the hint of financial backing has once again shown that Carlson could be a real threat to Fox News.
This news of potential high-dollar backing comes just weeks after The Wall Street Journal reported Carlson and his longtime business partner Neil Patel were looking to “start a new media company that would potentially use Twitter as its backbone.”
“The new company would be anchored by longer versions of the free videos that Carlson has been posting regularly on Twitter since shortly after his departure from Fox News, but would ultimately be driven by subscriptions, some of the people said,” the Journal reported.
Already getting big backing
“Carlson and Patel are looking to raise hundreds of millions of dollars to fund the company,” the Journal reported.
Carlson’s new media venture reportedly will include a website and a mobile app, and may involve the use of other social media platforms beyond Twitter.
And according to CNBC, the investment firm 1789 Capital is already planning an eight-figure investment in Carlson’s media venture.
1789 Capital is owned by Omeed Malik, a Wall Street banker who has pumped millions of dollars into other conservative ventures, including the growing anti-woke Amazon competitor PublicSq.
Whether or not Thiel and Mercer end up investing, the fact that 1789 Capital is likely to do so gives Carlson a huge boost.
Carlson was unceremoniously fired from Fox News in April, shortly after Fox settled a defamation lawsuit with Dominion Voting Systems.
While no official reason was ever given for Carlson’s firing, reports at the time indicated it was a directive from Fox Corporation Chairman Rupert Murdoch.
“Fox News Media and Tucker Carlson have agreed to part ways,” the company said in a statement at the time. “We thank him for his service to the network as a host and prior to that as a contributor.”
After his departure from Fox News, Carlson began hosting a series of videos on Twitter, most of which outperformed Fox News and all other competitors combined in viewership.
There is no telling just how big a new Carlson media company could become, but Fox News had better take note.