Media industry website Mediaite reported Friday that “conservative fat cats” are considering the formation of a new conservative media outlet. According to Mediaite’s report, the pace of the “serious discussions” has been picking up in the wake of rumors suggesting additional changes are in store at Fox News. A source reportedly told Mediaite that “two prominent high-powered television executives, some underperforming conservative networks and people who have an interest and the ability to fund a new network” are meeting Friday to discuss creating a rival to Fox News. The group is concerned that Fox News is moving too far left...