Posted on 03/20/2025 8:16:22 AM PDT by Brookhaven
This rumor comes from Ian Carroll and comes immediately following co-CEO Jeremy Boreing announcing he was stepping down as co-CEO and would move into an advisor role working on creative endeavors such as The Pendragon Cycle.
On March 18th, The Daily Wire and Boreing announced he was stepping down. In a press release, Boreing said, “When Ben, Caleb, and I founded The Daily Wire in 2015, we set out to build an institution. I’m enormously proud of our team, of our many battles, and of the successes we’ve achieved together over the last decade. And we’re just getting started.”
“To get us to the heights we know we can achieve, we have brought in a world-class executive team that I am confident will thrive in taking us to the next level under Caleb’s ongoing leadership while I turn my full attention to creative and entertainment ventures for the company.”
Following this announcement, Carroll shared to X, “The Daily Wire is going bankrupt allegedly and Jeremy Boreing is officially out as CEO.”
He went on to add, “It has not yet broken as far as I am aware that private equity is moving in and looking to buy up The Daily Wire. I heard, rumor mill, that Silver Lake Capital is looking to buy them up.”
Carroll then indicated there is a lot of skullduggery happening behind the scenes at The Daily Wire including, “cancelled credit cards, lying to the press, [and] trying to trick Tim Pool.”
Later in his video, Carroll claims that Boreing was forced out of the company and “they are not letting Jeremy Boreing back in the building right now apparently. Jeremy Boreing was 100% allegedly forced out, not a willing leave.”
He went on to detail that this was because of financial mismanagement and the company’s lack of funds that forced them into a hiring freeze because “there was no money in the bank allegedly.”
Carroll went on to note this poor financial management led to Boreing floating the idea that The Daily Wire was open to being acquired.
Boreing told Axios back in December, “It's easy to imagine a strategic partnership with Fox or someone like Fox, that could be mutually beneficial. I think that we complement Fox and don't compete with Fox.”
Axios also added that “The Daily Wire is looking to possibly partner with a larger company or raise a significant round of capital next year to meet its growth ambitions.”
Still later, he reiterated, “It sounds like there’s no money in the bank so-to-speak. And they are not making profits. There is a difference between revenue and profits and Jeremy has been doing a lot finagling over the years to make it look really good.”
What do you make of this rumor?
Or, it may just be coincidence.
Boreing may have been good at the promotional side, but not good at the financial side.
I believe in the original organization of the company, Jeremy Boreing was supposed to be on air talent, and Ben Shapiro was supposed to be the behind the scenes guy running the finances. They switched when Shapiro broke out as an commentator.
This would be a shame, if true.
I wouldn’t expect The Daily Wire to be a recipient of USAID. I could be wrong, but someone would have to prove that to me.
Can’t say the same thing for Huffington Post, Politico, etc.
I wouldn’t expect The Daily Wire to be a recipient of USAID. I could be wrong, but someone would have to prove that to me.
Can’t say the same thing for Huffington Post, Politico, etc.
Odd. A double post.
Biden said(or one of his Puppeteers) he was paying the MSM so expect a lot more to go belly up
There are simply so many outlets to read that they can’t possibly all survive. Even here on FR, someone will link to yet another site that looks great - or not so- and I’ll wish I had the time ..... but who does?
Is there any reason to believe these reports?
Let’s say it does turn out to be true....What would that tell you?
How would you adjust your worldview to accommodate the fact that USAID wanted to use Daily Wire to advance their agenda?
I wouldn’t change my world view one iota if I found that USAID wanted to use Daily Wire to advance their agenda.
It is a moot question, because the goals or agendas of USAID in my lifetime have never been anywhere in concert with the goals or agendas I have held in my life since I was 13. So I would always answer that the same way.
And if Daily Wire had accepted USAID money, I would change my views of Daily Wire on a dime. As far as I know, they were never offered, and if they were offered and refused, it wouldn’t change a thing.
“I wouldn’t expect The Daily Wire to be a recipient of USAID.”
I have a hard time imagining that the leftist folks at USAID would be sending money so they could hear more Ben Shapiro.
I know. That is how I see it, and even if they DID get money at some point, that may not have been common knowledge amongst all the people associated.
But it is all moot without a doubt. If you were to look at all recipients of USAID funds both foreign and domestic, I would not bat an eye to hear that 98% of the monies disbursed went to Leftist organizations.
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