Posted on 01/04/2018 9:53:45 PM PST by blam
Billionaire investor Peter Thiel is reportedly considering launching a conservative news outlet backed by the powerful Mercer family, along with a cast of Fox News celebrities, according to Michael Wolff book Fire and Fury: Inside the Trump White House, and a report from BuzzFeed news.
According to Wolff, Fox News chairman Roger Ailes and Peter Thiel were set to discuss the idea of a conservative news outlet last May however Ailes slipped and fell two days before the meeting, hitting his head and dying before the discussion could occur.
Word of Thiels potential new venture with the Mercers is of particular interest in light of revelations about backstabbing Steve Bannon executive chairman of Breitbart News, with whom the billionaire family has now officially split following explosive comments made about the Trump family in Wolffs new book.
On Thursday, the Mercers and other Breitbart News Network LLC board members were reportedly debating whether to oust Mr. Bannon as chairman, while the news organization has been cast into disarray.
Staffers at Breitbart, which Mr. Bannon has called his killing machine, described a chaotic day at the company, with writersmany personally recruited by Mr. Bannonwondering whether he would last the day. Wall Street Journal
Asked Thursday whether Breitbart should oust Mr. Bannon, White House press secretary Sarah Sanders replied I certainly think that its something they should look at and consider.
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(Excerpt) Read more at wallstreetkarma.com ...
Thank you.
Just what we need. More billionaires giving us “news.”
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