Former Fox News host Tucker Carlson and former White House adviser Neil Patel are in talks to raise hundreds of millions of dollars to fund a new media company, the Wall Street Journal reported.
Since leaving Fox News, Tucker Carlson is actively posting videos on Twitter and is now looking to develop the new media company’s strategy around Elon Musk’s social media network. The idea is to post short, free versions of his show on Twitter while users would need to subscribe to watch full videos.
Carlson and Patel founded the conservative Daily Caller news site in 2010.
Carlson’s team met with a Twitter team in recent weeks to discuss the new project, the report also added. The pair also plans to develop a new website and app for the new media outlet.
It remains to be seen how Fox (NASDAQ: FOXA ) will react to Carlson’s efforts to start a new company given that he is still under a multi-year contract with them.
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