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Friday, June 17, 2016

Report: Trump Considering CableTV Channel

Donald Trump
If Donald Trump loses the presidential election in November, his next move might be creating his own media business and cable channel, according to a new Vanity Fair report.

After seeing how he's dominated the media since announcing his campaign last year, the report says Trump's considering trying to leverage his audience to make money with what's described as a "mini-media conglomerate," outside of his existing TV-production business.

Vanity Fair cites its source as saying that Trump's view is, quote, "win or lose, we are onto something here. We've triggered a base of the population that hasn't had a voice in a long time."

Trump has reportedly been annoyed that he's created revenue for other media organizations by boosting their ratings without being able to get a cut of the money himself.

However, the story points out that to launch his "mini-media conglomerate," Trump would need a partner to pay for it and would likely have to buy an existing cable channel from another media player.

When asked about the claim, Trump spokeswoman Hope Hicks told Vanity Fair, "While it's true Mr. Trump garners exceptionally high ratings, there are absolutely no plans or discussions taking place regarding a venture of this nature."

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