According to Buzzfeed News, billionaire venture capitalist Peter Thiel is interested in creating a conservative network to rival Fox News.
Sources told Buzzfeed News that Thiel has been discussing the idea with the Mercer family, headed by hedge fund billionaire Robert Mercer and his daughter Rebekah. According to a soon-to-be published book by Michael Wolff, a close friend of the late Roger Ailes, Thiel reputedly discussed the idea of a conservative network with Ailes, who founded Fox News and later left after he was embroiled in a sexual harassment scandal.
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