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Bannon Plots Fox Competitor, Global Expansion
Axios ^ | August 19, 2017

Posted on 08/19/2017 6:44:47 AM PDT by Helicondelta

Axios' Jonathan Swan hears Bannon has told friends he sees a massive opening to the right of Fox News, raising the possibility that he's going to start a network.

- Bannon's friends are speculating about whether it will be a standalone TV network, or online streaming only.

- Before his death in May, Roger Ailes had sent word to Bannon that he wanted to start a channel together. Bannon loved the idea: He believes Fox is heading in a squishy, globalist direction as the Murdoch sons assume more power.

- Now he has the means, motive and opportunity: His chief financial backer, Long Island hedge fund billionaire Bob Mercer, is ready to invest big in what's coming next, including a huge overseas expansion of Breitbart News.

On Day 1, Breitbart declared he's taking his West Wing infighting to the outside, telling Bloomberg Businessweek's Josh Green that he's "going to war for Trump against his opponents — on Capitol Hill, in the media, and in corporate America."

The reality is that Bannon will go nuclear on former colleagues he calls "West Wing Democrats": economic adviser Gary Cohn, Jared and Ivanka ("Javanka," as he calls them) and Deputy National Security Adviser Dina Powell.

The revved-up Breitbart operation is also likely to target Speaker Ryan, as it did before Trump.

(Excerpt) Read more at axios.com ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: bannon; bannonbackbreitbart; bannoninterview; bannonnewsnetwork; bannonresigns; breitbart; foxnews; newmedia; trump
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To: AndyJackson

How do we get in on this IPO?


21 posted on 08/19/2017 7:00:00 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: Jane Long

For starters, be a billionaire.

The question I would ask is “how much money is already pledged?”


22 posted on 08/19/2017 7:01:10 AM PDT by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
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To: bert

Perhaps Don jr and Eric can step in?


23 posted on 08/19/2017 7:03:35 AM PDT by lilypad
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To: Helicondelta

Since beyond all comprehension even Matt drudge himself has stopped being in the news business, this is very good news.


24 posted on 08/19/2017 7:03:40 AM PDT by gaijin
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To: Jane Long
There has to be an IPO first. Generally these are positioned so that any initial killing is made by middlemen and insiders. This should be different.

Bannon is a smart guy. Let him figure it out.

25 posted on 08/19/2017 7:04:43 AM PDT by AndyJackson
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To: Jane Long

Not an invalid tweet though......

Trumps negotiating ability is being thwarted by the RINO REPUBLICANS in Congress....


26 posted on 08/19/2017 7:05:15 AM PDT by nevergore (I have a terrible rash on my covfefe....)
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To: Helicondelta

Its amusing. Bannon terrifies the Left like no other man. He is their bogeyman and the focus of their paranoia.


27 posted on 08/19/2017 7:05:19 AM PDT by allendale (.)
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To: FlipWilson

Yes. Buy OANN. Pump it up. Put it on the streaming web. Charge for it. I am in.


28 posted on 08/19/2017 7:06:30 AM PDT by Andy from Chapel Hill
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To: lilypad

Perhaps, but they have a few billions or so

What’s involved with the news effort are pissed off persons with tens of billions.

IMO


29 posted on 08/19/2017 7:07:32 AM PDT by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
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To: Jane Long

So McMaster Powell and Cohen are entrenched and Bannon is forced out.
We now have a Democrat administration and it will not help Trump at All they will still keep pushing until he’s gone.


30 posted on 08/19/2017 7:08:30 AM PDT by gibsonguy
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To: x1stcav

And he’s not going to a think tank or a college professorship. He knows media and he knows finance.


31 posted on 08/19/2017 7:09:34 AM PDT by ameribbean expat
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To: FlipWilson

If I were Bannon, I would not re-invent the wheel. I would buy OAN and do everything to get it on cable in every region.


In this fascist blacklisting environment I have a hard time believing he can get a cable TV station going. It won’t be carried, IMO.


32 posted on 08/19/2017 7:09:56 AM PDT by lodi90
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To: Helicondelta
I love this. Best idea ever.

Fox started going down the drain years ago. I appreciate Hannity, but if I were him I'd leave at the soonest opportunity. He doesn't belong there.

33 posted on 08/19/2017 7:09:56 AM PDT by grimalkin (You have enemies? Good. It means youÂ’ve stood up for something, sometime in your life. - Churchill)
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To: Helicondelta

Axios “hears Bannon has told friends “.
LOL!
I’ve the most gossipy neighbors in the world and even they’ve never said anything this silly.

Hope this is part of Steve’s plans though.


34 posted on 08/19/2017 7:10:58 AM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: stars & stripes forever
Yeah, something a bit like this..


35 posted on 08/19/2017 7:11:07 AM PDT by Bobalu (Give me your tired, your poor, your huddled masses, yearning to be freeloaders.)
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To: AndyJackson

About to find out if Gannon is a populist or a cynic. IPO that is offered to subscribers? Populist.


36 posted on 08/19/2017 7:11:43 AM PDT by ameribbean expat
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To: stars & stripes forever

Actually, extreme intelligence IS a super-power.


37 posted on 08/19/2017 7:12:14 AM PDT by Bobalu (Give me your tired, your poor, your huddled masses, yearning to be freeloaders.)
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To: AndyJackson

Actually he can do what is called a direct public offering which gets the insiders and middle men out of it. It’s the old-fashioned way for raising money.


38 posted on 08/19/2017 7:13:07 AM PDT by AndyJackson
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To: allendale

OANN should have nothing to do with Bannon...it should do what it is doing...NEWS...

He needs to get on social media with news and conservative talkers ..none of this fair and balanced crap

He needs to storm colleges to break the free speech ban..

Needs to fined younger conservatives for the college assault


39 posted on 08/19/2017 7:14:03 AM PDT by Hojczyk
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To: lodi90; FlipWilson

Cable is dying

The news channel will be streaming video. There are lots of them already. This one alone will increase the sales of Roku and such devices to enable receiving it for free over the internet.

Streaming video is not subject to FCC. Streaming video is Free Speech


40 posted on 08/19/2017 7:14:49 AM PDT by bert (K.E.; N.P.; GOPc;WASP .... The Fourth Estate is the Fifth Column)
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