Supporters of President Donald Trump are considering raising hundreds of millions of dollars to establish a right-of-center media company to rival Fox News.
The effort is being led by Thomas Hicks, a private equity investor and supporter of Trump. Hicks aims to raise at least $200 million to potentially buy a smaller news outlet and make it into a sizable and direct competitor to Fox News, building off of Trump’s contentious relationship with Fox, according to The Wall Street Journal.

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