Thiel May Create New Conservative News Network

“Billionaire venture capitalist Peter Thiel wants to create a new conservative cable news network and his representatives have engaged the powerful Mercer family to help with funding,” BuzzFeed News reports.

“Thiel, a Facebook board member who secretly funded lawsuits to bring down Gawker Media, had originally explored a plan to create the network along with Roger Ailes, the late founder of Fox News, according to a soon-to-be published book by journalist Michael Wolff. But BuzzFeed News has learned that Thiel has continued looking into fashioning a Fox News competitor even after May 2017 death of Ailes.”

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