GOP voters are pouring money into a new fundraising campaign designed to help President Trump launch his own conservative news network after he leaves the White House.
The future media outlet aims to overtake Fox News after the once-loyal GOP network confirmed Joe Biden as president-elect, despite Trump’s claims of voter fraud.
The fundraising effort, led by Hicks Equity Partners, seeks to raise $200 million for a potential buyout of Newsmax or One America News Network (OANN) – two conservative outlets Trump has encouraged his fans to start watching instead of Fox.
Newsmax and OANN have both portrayed the election as having been ‘stolen’ from President Trump, with the latter reporting on an analysis suggesting widespread fraud linked to Dominion Voting Systems (read more here).
Despite Hicks’ talk of a buyout, Newsmax founder and CEO Christopher Ruddy says he has no intention of selling the channel. Ruddy, a personal friend of Trump, added he would be open to speaking with the president about a weekly program.
“We would like to overtake Fox News in the next 12 months, and I think it’s do-able,” added Ruddy.
Author’s Note: Propelling Newsmax or ‘Trump TV’ to the heights of Fox News would be a monumental task, but I think President Trump is up to the challenge. Fox News has dominated cable-news ratings for years, reaching a prime-time audience of 6 million during election week (to compare, Newsmax had an audience of 223,000).