Trump allies raising millions for new conservative TV network: report
Source: The Hill
Hicks Equity Partners, a private-equity firm with connections to a co-chair of the Republican National Committee, have been in discussions in recent months with the media company about investing in Newsmax. WSJ reports the talks may also be part of larger efforts that could include a streaming video service.
Trump's allies have been exploring ways to compete with Fox News for the last two years, according to WSJ. Trumps relationship with the network has been complicated. He has often shown appreciation for the support he receives from Fox News hosts and the networks coverage of his presidency has often influenced decisions he's made inside the White House. He has also lashed out at the network when it criticized him.
Trump recently posted a flurry of anti-Fox News tweets that attacked the network and lamented that it had forgotten the "golden goose" that made it successful.
Read more: https://thehill.com/homenews/media/526069-trump-allies-raising-millions-for-new-conservative-tv-network-report
Aristus
(66,349 posts)Will it jerk them further to the right to avoid loss of market-share?
Will it possibly inspire them to become a legitimate news organization, instead of a breeding ground for empty-headed, bleach-blonde opinion influencers?
jimfields33
(15,794 posts)Both hannity and Rachel get excited if they get 5 million to watch and that is really very rare.
LogicFirst
(571 posts)However, that could jump to a million if Trump finds a slot.
Thomas Hurt
(13,903 posts)Introducing the Ministry of Truth.
SkyDaddy7
(6,045 posts)Are in charge of the new media company they will bankrupt it within 3yrs!!
smb
(3,471 posts)Chainfire
(17,537 posts)If people want to invest in a business by and for Trump, all I can say is that there is one born every minute.
tanyev
(42,556 posts)Calista241
(5,586 posts)watching this network, we're all in big trouble.
Chainfire
(17,537 posts)If Trump wants to go after Fox, he is going after Murdoch. The Murdoch family are every bit is ruthless as the Trump family, and they are not a family of idiots. The Murdoch bunch, has had decades of successful production experience behind them, a big pile of cash and a ready-made team, audience and advertisers. If Trump takes them on, it will be just one more in a long line of failures ending in bankruptcies. Trump will lose a lot of opm. (pronounced as "opium" meaning other people's money)
Trump is now a demoralized loser who can't even face his people in his despair, he is deeply depressed and sulking like a child. He is mentally unsound, morally bankrupt, in debt over his head and is facing years of civil and criminal legal battles. Do you really think that he can challenge Fox. The other issues is, now, today, if Murdoch gets enough of Trumps lip, he is liable to use the "News" to destroy what little is left of Trump, and he has the power to do it.
OhioTim
(259 posts)We need to tell the truth.
Chainfire
(17,537 posts)That the proper term for the Trump family is "batshit crazy." I just wanted to use the softer and gentler term.
I personally don't think that they are as crazy as they are just pure evil, but I am just a plumber, what do I know?
reACTIONary
(5,770 posts)David__77
(23,389 posts)That much I'll give conservatives - Trump is not one of them.
LastLiberal in PalmSprings
(12,586 posts)Hotels, golf courses, casinos, Fox News all use the name Trump to increase their revenue.
He'll die soon--probably because his ego can't stand losing, or he's afraid of prison--and then his grifter children will have to experience life without Daddy's money and his brand. Trump is not a business or political movement, it's a cult.
Miguelito Loveless
(4,465 posts)Trump is the GOPs id, and he has brought them proudly out of the shadows.
Sancho
(9,070 posts)Ridin4Biden
(29 posts)that's pretty scary. He will be able to have a direct 24/7 line to his Quiltists.
murielm99
(30,739 posts)There are people who will hold him accountable. He may be too busy surviving to get into as much trouble as he could otherwise.
eppur_se_muova
(36,262 posts)it's never too early to start boycotting.
usaf-vet
(6,186 posts)yellowcanine
(35,699 posts)I give them 6 months max.
Turbineguy
(37,329 posts)they found out they've got 71 million rubes to fleece.
Roy Rolling
(6,917 posts)Perfect name and description. Im guessing Rob the Rubes was taken.
NCjack
(10,279 posts)sandensea
(21,635 posts)OAITW r.2.0
(24,468 posts)Why would Trump bother to be player for NewsMax when he can start his own branded network? I can see the current/past WH Press secretaries and assorted sycophants getting their own hourly slots to spread the Trump lies while venerating Trump. And he gets exclusive selling rights to the MAGA franchise.
Cheezoholic
(2,022 posts)KFC, Prozac, My Pillow, ambulance chasing hernia mesh lawyers and Flipity Fish.
Nasruddin
(754 posts)This is sure something we, as a nation, are in sore need of.
NEOBuckeye
(2,781 posts)Murdoch lost money on Faux News for years. Difficult to see a Trump network faring any better. It will likely be another money sink resulting in bankruptcy, like everything else the orange douchebag touches.
brush
(53,776 posts)thing she ever did as it took years to break even even.
And trump is not exactly brilliant (see his defunct casinos in AC).
JI7
(89,249 posts)bucolic_frolic
(43,161 posts)they are crazy
louis-t
(23,295 posts)Unfortunately, it will be replaced by something much, much worse.
Chainfire
(17,537 posts)Fox is now dusting off all of the old Obama files. They will be using the same kinds of stuff for the next four or eight years of the Biden administration and the same hicks will be eating it up.
louis-t
(23,295 posts)His goal is to start a self-worship channel. I think he will get there, but of course it will fail.
moonscape
(4,673 posts)not fooled
(5,801 posts)but I swear to god, if the mainstream media covers their swill, and provides a route for the crackpottery to make it into the daily national public discourse, then this country is truly doomed.
red don's endeavor has real impact only if he gets coverage in the national press. Frequently. And given his beneficial impact on ratings, I can't see the money behind the big networks failing to give him a platform. Then he goes from the berserk fringe to the "credible" "counterpart" to Biden.
texasfiddler
(1,990 posts)I am always looking for a wedge with these Fascist assholes. Keep 'em busy. IF WE STAY UNIFIED (and that needs to be the case), maybe we can use this to our advantage.
Chainfire
(17,537 posts)Buzzards are going to be fighting over the Trump Carcass. He has nowhere to go but down.
cstanleytech
(26,291 posts)hopeforchange2008
(610 posts)EarthFirst
(2,900 posts)...with attention spans that wane by the moment.
If they want to drop millions into a competing business model with no guarantee of success from my aforementioned opening; so be it...
yuiyoshida
(41,831 posts)is insane. I don't know this country any more. Its not the one i grew up in. Its no longer the shiny beacon on the hill, its more like the Bonfire of a burned down nation.
greenjar_01
(6,477 posts)Javaman
(62,530 posts)bluestarone
(16,939 posts)SOCIAL MEDIA will destroy our country IF we don't realize it, and do something about it!!!
marmar
(77,080 posts)mysteryowl
(7,383 posts)It will be full of his lies and propaganda.
America may not ever recover.
Nitram
(22,800 posts)Right wing bullshit talk may have reached the saturation point. Now they also have to compete with QAnon, which has taken on a life of its own. I see a right wing civil war coming on.
Nitram
(22,800 posts)I'd enjoy a good conservative civil war.
jb5150
(1,178 posts)If Trump's involved with it, it will be bankrupt in a year anyway.
DENVERPOPS
(8,820 posts)Pravda
herding cats
(19,564 posts)I saw a guy from nutmax so excited on cable (cnn?) shortly after the election I assumed this was the choice for Trump. Fox will still rein, due to the habits of people, but newsmax will gain viewership due to the celebrity. Wild times we're living in folks.
On edit: it is extremely possible Trump is lying to newsmax. This isn't breaking news by any measure. He's weighing his options and seeing what flies here. We shall see. Either way, duel it out nut jobs. I'll bring popcorn and plenty of waters for all my friends.
BillyBobBrilliant
(805 posts)He'll find a way to siphon as much money off of it as he can until it fails.