Tucker’s Creating a New Media Company With ‘Twitter as Its Backbone’

According to A Wall Street Journal’s report on Friday, Tucker Carlson, the former Fox News personality, is seeking to raise a substantial amount of money, potentially in the hundreds of millions of dollars, to launch a new media company alongside his longtime associate and co-founder of the Daily Caller, Neil Patel.

The new company would likely use “Twitter as its backbone,” the Journal reported, and would focus on producing longer versions of the Twitter videos that Carlson has been sharing since his departure from Fox. In preparation for the venture, Carlson and Patel have secured investors and personnel, with plans to expand the platform by adding more hosts and shows.

While Carlson’s Twitter program would serve as a central component of the company, the endeavor would also establish its own website and eventually generate revenue through subscription-based services. The Journal further revealed that Linda Yaccarino, the recently appointed CEO of Twitter, who aims to regain advertisers who had withdrawn due to Elon Musk’s involvement, held a meeting with Justin Wells, Carlson’s top producer. On the other hand, Fox News has accused Carlson of breaching his contract through his Twitter activities, as he remains bound by his agreement with the network until the end of the following year.

{Matzav.com}