Tucker Carlson Is Creating A New Media Empire, Makes Major Ad Deal

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This is big.

Tucker Carlson has struck an ad deal worth more than $1 million with PublicSq, an online marketplace for companies with conservative values, two sources familiar with the agreement told Axios.

Driving the news: Omeed Malik, the chief executive and chairman of the board of the blank check company looking to take PublicSq public this month, is also planning to invest in Carlson’s company, sources told Axios.

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Tucker Carlson Is Creating a New Media Company

Former Fox News host and associate look to raise funds for new venture that could use Twitter as its backbone

By Keach Hagey and Alexa Corse, Wall Street Journal, July 17, 2023:

Tucker Carlson’s team met with a Twitter team in recent weeks to discuss the endeavor. Photo: Brian Cahn/Zuma Press

Former Fox News host Tucker Carlson and former White House adviser Neil Patel are seeking to raise funds to start a new media company that would potentially use Twitter as its backbone, according to people familiar with the matter.

The new company would be anchored by longer versions of the free videos that Carlson has been posting regularly on Twitter since shortly after his departure from Fox News, but would ultimately be driven by subscriptions, some of the people said.

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Carlson and Patel are looking to raise hundreds of millions of dollars to fund the company, the people said.

Users of Twitter and other platforms would still be able to watch free, shorter versions of his show, interviews and documentaries, but would need to subscribe to watch them in their entirety, the people said. The company would eventually add shows from additional hosts, they said.

Carlson and Patel were roommates at Trinity College in Hartford, Conn., from which they graduated in 1991, and in 2010 teamed up to found the conservative Daily Caller news site, which Patel still controls. They have lined up financiers, lawyers and media strategists to work on the new company, according to people familiar with the effort.

Carlson’s team met with a Twitter team in recent weeks to discuss the endeavor, people familiar with the matter said.

Carlson and Patel’s new company would also have its own website and mobile app, and is exploring other homes beyond Twitter for its content as well, some of the people said.

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