“President Trump has told friends he wants to start a digital media company to clobber Fox News and undermine the conservative-friendly network, sources tell Axios. ‘He plans to wreck Fox. No doubt about it,’ said a source with detailed knowledge of Trump’s intentions.”
“Here’s Trump’s plan, according to the source: There’s been lots of speculation about Trump starting a cable channel. But getting carried on cable systems would be expensive and time-consuming. Instead, Trump is considering a digital media channel that would stream online, which would be cheaper and quicker to start. Trump’s digital offering would likely charge a monthly fee to MAGA fans. Many are Fox News viewers, and he’d aim to replace the network — and the $5.99-a-month Fox Nation streaming service, which has an 85% conversation rate from free trials to paid subscribers — as their top destination. Trump’s database of email and cellphone contacts would be a huge head start. Trump’s lists are among the most valuable in politics — especially his extensive database of cellphone numbers for text messages. Axios is told told Trump may use vote-count rallies to undercut Fox. ‘He’s going to spend a lot of time slamming Fox,’ the source said” – Axios.