Wall Street Journal, Hicks Equity Partners, a firm connected to the Republican National Committee, is looking to raise $200 million for a potential pro-Trump news network.
As part of their plans, Hicks Equity would invest in Newsmax to develop it into a major cable news and video streaming news network.Since the election earlier this month, Newsmax has seen a notable increase in viewers, as it has supported Trump’s unsubstantiated claims that the election was stolen from him.
Read more on thewrap.com
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