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Trump Allies Looking to Invest in Newsmax

Eduardo Razo

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President Trump has recently made it known that he’s not very pleased with Fox News, a network that the president would often call into to talk to the American people. However, Trump has stated that they have forgotten their “golden goose” and is looking towards developing his new media.

As President Trump is counting his time until he departs from The White House, his next venture will likely be building up a conservative media outlet called Newsmax to compete with Fox News.

Furthermore, Allies of the president are looking to invest in his network. The Wall Street Journal reports that Trump’s allies have explored options to compete with Fox News for the last two years.

Hicks Equity Partners, a private-equity firm with connections to a co-chair of the Republican National Committee, have been in discussions in recent months with the media company about investing in Newsmax, the WSJ also reports.

Nonetheless, Newsmax Media Chief Executive Chris Ruddy denies any report of Trump allies looking to invest in the news media outlet.

“Newsmax never had any deal with the Hicks group, and if it’s true they were using our name for the purposes of capital fundraising, that is wholly inappropriate,” Ruddy said.

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Mehdi Hasan: Rupert Murdoch Leaves Behind ‘Very Real Wake of Destruction’

Over the last few days, there have been plenty of opinions about what will happen to the parent company of media outlets such as Fox News now that the elder Murdoch is giving up his role.

Eduardo Razo

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Mehdi Hasan
(Photo: MSNBC)

Last week marked the end of an era as Rupert Murdoch stepped down from his role leading Fox Corp. and News Corp. and handed the reins to his son, Lachlan.

Over the last few days, there have been plenty of opinions about what will happen to the parent company of media outlets such as Fox News now that the elder Murdoch is giving up his role.

Nonetheless, MSNBC’s Mehdi Hasan took a different approach with his thoughts. Instead, Hasan summarized the “very real wake of destruction” that the 92-year-old left behind during his time as Fox Corp. and News Corp. chair.

“It’s difficult to sum up Murdoch’s unremittingly toxic and pernicious record, to encapsulate the sheer power of Murdoch to do damage to our politics, our media, our world,” Hasan wrote in an essay published on the MSNBC website on Sunday.

“Three of the most destructive events of my lifetime — the Iraq War, the Brexit vote, and the rise of Trump and his big lie — simply could not have happened without Rupert Murdoch.”

While Lachlan takes over for his father as the company’s chair, the longtime executive said just because he is relinquishing his title doesn’t mean he will step away from the companies he built completely.

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Sean Hannity to Moderate Debate Between Ron DeSantis, Gavin Newsom

The debate will take place in Georgia, though the precise location has yet to be decided.

Eduardo Razo

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A photo of Fox News' Sean Hannity
(AP Photo/Frank Franklin II)

Fox News will be center stage, with Sean Hannity moderating a debate between Florida Governor Ron DeSantis and California Governor Gavin Newsom.

The event will see the red and blue state governors go head-to-head on Nov. 30 for a 90-minute debate to be aired on Hannity’s show at 9:00 p.m. ET. 

Furthermore, the debate will take place in Georgia, though the precise location has yet to be decided.

“I’m looking forward to providing viewers with an informative debate about the everyday issues and governing philosophies that impact the lives of every American,” Hannity said.

The idea for a debate arose from Hannity’s June interview with Newsom. DeSantis agreed in July, but snags around timing and venue cast doubt on the debate until now.

Fox News has been the go-to channel for debates this year, as the network hosted the first GOP debate in August, garnering about 13 million viewers. Additionally, the second debate, held on September 27 and hosted by Fox Business Network and Univision, though it will also air on Fox News.

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CNN Adds New Weekend Show with Chris Wallace

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Who’s Talking to Chris Wallace?, the television show hosted by the former Fox News anchor, will air exclusively on the Max streaming platform for its fourth season.

Previously, a half-hour “best-of” style version of the show aired on CNN on Friday evenings after debuting on the streaming platform. However, for the season beginning on Friday, September 29th, the show will not receive a cable timeslot.

Instead, Wallace will now host a new weekend programming on CNN. The Chris Wallace Show will air on Saturday at 10:00 AM ET. The network says it will be a “fresh, fast-paced, and entertaining look at the news from some of the keenest minds in journalism.”

“It’s been exciting to bring in such a wide range of guests for thought-provoking conversations throughout our first three seasons, and our fourth will be no different,” said Wallace.

“I’m also looking forward to bringing The Chris Wallace Show to CNN, featuring some of the most incisive commentators and columnists. As we head into yet another pivotal election cycle, nothing is off-limits as we tackle the most important issues facing the country.”

Wallace joined CNN in 2022 after 18 years with Fox News.

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