Speed Reads

Fox and Frenemies

Trump reportedly wants to 'clobber Fox News' with his own rival platform

"President Trump has told friends he wants to start a digital media company to clobber Fox News and undermine the conservative-friendly network," Axios reports. Trump and his allies were furious that Fox News called Arizona for President-elect Joe Biden on election night, and the outgoing president is planning to turn that rage into subscription online streaming channel. "He plans to wreck Fox," a source with detailed knowledge of Trump's goals tells Axios. "No doubt about it."

Even before Trump's surprise victory in 2016, rumors swirled that he would launch his own cable network or other type of media company. "But getting carried on cable systems would be expensive and time-consuming," Axios reports, and Trump has a model in the $5.99-a-month Fox Nation streaming service. Trump has a huge database of supporters he could use to market his new service, and he's reportedly thinking of holding more post-election, count-the-votes rallies, where, the source told Axios, "he's going to spend a lot of time slamming Fox."