President Trump reportedly wants to start a digital media company to “wreck” Fox News.
The president has been speaking with friends about starting a digital media channel to rival the network, which he has had a falling out with, sources told Axios in a report Thursday.
“He plans to wreck Fox. No doubt about it,” one source told the outlet.
Trump was enraged after Fox News called President-elect Joe Biden’s win in Arizona before other networks.
While there’s been speculation Trump might start a cable channel, that would be a pricey and drawn-out endeavor, so instead Trump is thinking about a channel that would stream online.
The channel could compete against the Fox Nation streaming service. Like that service, Trump’s channel could charge a monthly fee to users.
In the meantime, sources said Trump may undermine Fox with rallies focusing on vote counts.
“He's going to spend a lot of time slamming Fox,” a source told Axios.
Earlier this month, Fox Corp. CEO Lachlan Murdoch said, “We love competition. We have always thrived with competition.”