Billionaire investor Peter Thiel is exploring starting a conservative news outlet, with backing from the powerful Mercer family and a cast of Fox News celebrities, according to revelations in a new book and a report from BuzzFeed News.
Last May, Thiel was set to meet with former Fox News Chairman Roger Ailes to discuss the idea, according to an excerpt of the book, "Fire and Fury: Inside the Trump White House," by the journalist Michael Wolff. But two days before the scheduled meeting, Ailes fell, hit his head and went into a coma, and died soon thereafter.
Nonetheless, Thiel, one of Facebook Inc.?s earliest backers and a prominent conservative activist, has continued to pursue the idea, according to BuzzFeed News, and is talking with the Mercer family about helping to back it. A spokesman for Thiel declined to comment.
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