Peter Thiel Planning Launch Of Conservative News Outlet With Mercer Family After Bannon Fiasco

Billionaire investor Peter Thiel is reportedly considering launching a conservative news outlet backed by the powerful Mercer family, along with a "cast of Fox News celebrities," according to Michael Wolff book "Fire and Fury: Inside the Trump White House," and a report from BuzzFeed news. 

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President Trump and Peter Thiel

According to Wolff, Fox News chairman Roger Ailes and Peter Thiel were set to discuss the idea of a conservative news outlet last May - however Ailes slipped and fell two days before the meeting, hitting his head and dying before the discussion could occur. 

Word of Thiel's potential new venture with the Mercers is of particular interest in light of revelations about "backstabbing" Steve Bannon - executive chairman of Breitbart News, with whom the billionaire family has now officially split following explosive comments made about the Trump family in Wolff's new book. 

On Thursday, the Mercers and other Breitbart News Network LLC board members were reportedly debating whether to oust Mr. Bannon as chairman, while the news organization has been cast into disarray.

Staffers at Breitbart, which Mr. Bannon has called his “killing machine,” described a “chaotic” day at the company, with writers—many personally recruited by Mr. Bannon—wondering whether he would last the day. -Wall Street Journal

Asked Thursday whether Breitbart should oust Mr. Bannon, White House press secretary Sarah Sanders replied "I certainly think that it's something they should look at and consider." 

The Mercers had been longtime supporters of Breitbart and Steve Bannon - investing a reported $10 million in the news outlet - while Robert Mercer was perhaps the most influential backer of Donald Trump's run for the White House. The billionaire, who has been contributing to conservative PACs since at least 1998, recently sold his stake in Breitbart News to his daughters after stepping down from Renaissance Technologies, where he was co-chief executive officer. 

Robert Mercer's daughter Rebekah reportedly pushed Trump to bring Bannon on board, according to Newsweek

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Photo: Patrick McMullan/Patrick McMullan via Getty Images

However, it now appears that Rebekah has changed her tune and according to Bloomberg reporter Jennifer Jacobs "Steve Bannon's main financial backer, conservative donor Rebekah Mercer, spoke with Trump Today, I'm told," adding "She then issued a statement distancing herself from Bannon. A "one-two gut punch" for Bannon as one WH official told me." 

However, she also adds that there was no sign that the White House has succeeded in pushing Bannon out of his leadership of the conservative Breitbart News website" and that insiders said he was doing business as usual there on Thursday and showed no signs of leaving the organization.

With Bannon on the outs and the Mercers reportedly in discussions with Peter Thiel over a conservative news network, one wonders how much longer Breitbart will remain relevant - and funded - absent the ejection of the company's current chairman.

Comments

Endgame Napoleon overbet Thu, 01/04/2018 - 21:35 Permalink

This interview does not throw Bannon under the bus, but instead stays on the issues that got Trump elected, which are accurately defined by Coulter as

  1. immigration
  2. trade
  3. non intervention.

https://www.google.com/amp/www.foxnews.com/transcript/2018/01/03/ann-co…

There is a spot-on point made toward the end of this interview about voters in McCombie County, Michigan. It does not just apply to that state, either.

Coulter and Ingraham are good about staying on issues, rather than on personalities, for extended periods of time without being boring—ever. 

It is pointed out in this interview that the quotes in that book might not even be true. People can always say that someone said something. I guess lawyers are cognizant of things like heresy, remaining skeptical until they see some kind of proof.

It is good to keep that type of thing in mind. We are supposed to live in a free country, where people cannot just be brought down by a word. But Deplorables did not vote for Trump because of his personality or the personalities of anyone around him. It was the issues

 

In reply to by overbet

messystateofaffairs Endgame Napoleon Fri, 01/05/2018 - 04:28 Permalink

I think the issues came from Bannon, not Trump, that is why Bannon is being demonized. It was Bannons error, and anyone elses error as well, to believe that Trump can be focused on, or helped towards, beneficial changes. Mercer is anti govt and sent Bannon to help Trump. Now Mercer is making a mistake with Theil and a double mistake if he still believes Trump can be guided towards beneficial change. Its all a royal clusterfuck until a clear leader comes to the forefront (and survives). Praying for one is the best hope, thats what got Russia Putin out of nowhere. Its early days yet but I might have misjudged Macron as a leader, we will see.

In reply to by Endgame Napoleon

Scanderbeg JRobby Thu, 01/04/2018 - 20:35 Permalink

Yeah, Fuck Bannon. BB is a horseshit, polemic, ziocon rag.

He singlehandedly lost a locked senate seat with his retarded insistence on backing a redneck pedophile.

Meanwhile he's sucking his own dick while 99% of American white men voted for Trump simply because his name isn't Clinton. 

In reply to by JRobby

Endgame Napoleon Scanderbeg Thu, 01/04/2018 - 21:45 Permalink

No, they did not vote for Trump just to thwart Hillary. It was mostly because of Trump’s stance on wage-cutting immigration, not because of the tax cut for the rich, with increases in refundable tax welfare for some citizens and immigrants, including those here legally. No matter how much the Establishment wants to think that it was, it wasn’t. 

In reply to by Scanderbeg

Scanderbeg Endgame Napoleon Thu, 01/04/2018 - 23:00 Permalink

Of course they did. Hillary is an open borders globalist. They voted for Trump because he ran against those policies, the implications of her winning as well as their hatred for the political class and media.

In other words. Not Clinton. And like I said most white conservatives would never support any Democrat. He was able to get some extra support through galvanizing the immigration issue but it's not as if he or Bannon reinvented the wheel or something. Real conservatives have always loathed illegal immigration. He just jumped on a popular issue and was preferable to the alternative.

In reply to by Endgame Napoleon

Crawdaddy Thu, 01/04/2018 - 19:47 Permalink

Charter members of the scumbag globalist sodomite club are helping again? Great just great. Can't wait to see how much more anti-family bullashit these weirdos offer up on the altar of globalism.

pigpen Thu, 01/04/2018 - 19:49 Permalink

Peter, please continue to provide your brave browser as it is the simplest way for people to block advertising, malware and tracking by DEFAULT on any device and operating system.

He who controls the browser controls the money.

Brave also has crypto connection to pay content providers directly.

Citizens unite in 2018 to take down goobook monopolies and render digtal advertising model worthless.

What is advertising worth if ads can't be served, viewed and tracked?

Cheers,

Pigpen

There Thu, 01/04/2018 - 19:50 Permalink

We are moving toward Plantation America.

That's were everyone is working for the Masters in the Big House and the masters control the conversation.

BobEore Thu, 01/04/2018 - 19:51 Permalink

Bannons' gig as the lead operative in the original 'fake news' media onslaught dreamed up by HQ in  the s e Med... was always designed as a 'temporary assignment'....

even if Stevie himself wasn't aware of it! Those who do the bidding of mordor... particularly those who grow filthy rich from such work, as was the case with GOLDMANITE Bannon...

find themselves INVARIABLY invited in the shelobs lair... and the bones of such adventurers lay piled high in the detritus of generations of guys who thought it would be any different for them!

onwisconsinbadger Thu, 01/04/2018 - 19:51 Permalink

Would we read anything like this from these conservative morons or another Faux Noise. Please read the Rude Pundit.

Look, we already knew that Donald Trump was a shitty human being. Anyone who paid any attention to him knew that his entire life was devoted to avarice and humiliation. He's garbage and has been for his entire selfish, pathetic time polluting the earth. And it was always obvious that he was a fucking idiot, an incurious dullard whose wealth gave him the illusion of wisdom because he was surrounded by people who pretended he was wise. I have never heard or read an interview with Trump where he said anything other than simple-minded statements, stupid jokes, and belligerent braggadocio. 

So, except for the Steve Bannon shit, the New York magazine excerpt from Michael Wolff's upcoming book on the end of the Trump campaign and the beginning of the Trump presidency that reveals that Trump is a moron who didn't want to be president and who is desperate for any media attention isn't much of a revelation. It's pretty much just confirmation of what we all suspected, even if it turns out just a tenth of it is true. Oh, really? Trump's an erratic madman who has no business as president? Color us shocked.

cheeseheader Thu, 01/04/2018 - 20:03 Permalink

Why can't a conservative buy up 8-9% of say NBC, or CBS, or ABC; fire the board and install a new 'updated' board, and change all programming to a common-sensical approach for regular right-thinking adults (and their kids) to offset the other lefty channels?

Bezos did it, Carlos Slim did it with newspapers, let's add one channel for regular Americans while subtracting a lefty one with their anti-American propaganda.

Need some balance here folks.

GRDguy Thu, 01/04/2018 - 20:13 Permalink

Of course, no one pays any attention to just how these people became billionaires. 

 "Behind every great fortune there is a great crime," 

GreatUncle Thu, 01/04/2018 - 20:30 Permalink

Is this new "conservative" news going to be real or fake news?

What religious, sexual, age market they looking at.

If it is not for poor people then it will be not different to a posh party where all the wealthy turn up and achieves absolutely nothing.