Fox has been a dominant player in the cable news space for decades. It is now reportedly interested in expanding into the podcast realm, which could include a potential purchase of The Daily Wire.
A report from Semafor says that Fox Corp. is interested in an audio expansion and has considered kicking the tires on acquiring a number of different podcast brands.
Included in the company’s potential podcast purchases is The Daily Wire, which produces shows hosted by Ben Shapiro, Michael Knowles, and Matt Walsh, among others. Additionally, Red Seat Ventures — which is home to several former Fox News hosts like Megyn Kelly, Tucker Carlson, and Eric Bolling — could be a target, as could podcast network Audioboom.
When broached on the subject of a potential acquisition by Fox, The Daily Wire co-CEO Jeremy Boreing said the company isn’t actively seeking a sale, but wouldn’t be completely opposed to one, either.
“We’re not closed off to an offer,” he told Axios. “It’s easy to imagine a strategic partnership with Fox or someone like Fox, that could be mutually beneficial. I think that we complement Fox and don’t compete with Fox.”
Fox isn’t a stranger to the podcast space. Several shows originate from the news, business, and sports brands, as well as OutKick, which it purchased in 2021.
Meanwhile, The Daily Wire was valued at more than $1 billion during a round of fundraising in 2023, with the company showing no signs of slowing its revenue growth in 2024.
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