Rumor has it President Trump is thinking about launching his own media outlet to ‘wreck Fox News’ after the conservative network made an early call of Joe Biden’s win in Arizona.
Rather than establish a traditional cable network, Trump plans to move straight to a streaming/subscription service similar to Netflix.
This is something he had considered doing in 2016 if he had not defeated Hillary Clinton.
Trump’s future network would be in direct competition with Fox News and would likely attract the same viewers.
“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,” reports Axios.
Fox News CEO Lachlan Murdoch said he would welcome the competition: “We have always thrived with competition…Fox News has been the number one network, including broadcast networks…from Labor Day through to Election Day.”
With his massive database of email and cellphone contacts, it would take no time at all for Trump to establish a subscriber base. And his beef with Fox News – that the election was a fraud and the network did not act to stop Biden’s victory – will make his channel particularly attractive to discouraged Republican voters. The only potential roadblock for Trump and his future news network will be the FCC, which will soon be controlled by President-elect Biden.
Author’s Note: This would be a great thing for Trump to do after he leaves office. It would force Fox News to improve its content and offer a unique opportunity for Trump to speak to his fans.