Tucker Carlson raises $15 million for new media venture with backing from financier Omeed Malik

Tucker Carlson has secured $15 million in funding for his new media venture from private investors lead by an 'anti-woke' backer.

Omeed Malik, the president of investment firm 1789 Capital, which bankrolls conservative friendly companies, has poured money into Carlson's new enterprise, according to The Wall Street Journal.

Malik launched his firm this year with the goal to capitalize on opportunities that have been ignored by the 'wokeness' of mainstream business.

1789 Capital, which is named for the year the Bill of Rights was written, has a modest $150 million fund. 

Malik is aiming to help Carlson's company get to the point it can show proof of concept for its business model.

Tucker Carlson raised $15 million for his new media venture with backing from Omeed Malik and his company 1789 Capital

Omeed Malik is the president of 1789 Capital. He launched the firm with the goal to capitalize on opportunities that have been ignored by the 'wokeness' of mainstream business

The former Fox News hosts and his business partner Neil Patel will launch a video company that is subscription based but also offers free snippets of clips on X, formerly known as Twitter.  

Carlson and Patel's business would have its own website and app, and they would eventually add shows from different hosts.

'The whole vision is to create the next media company that is purpose-built for the 2020s and 2030s, in a way that Fox and Rupert [Murdoch] and Roger [Ailes] built a cable news business that was really purpose-built for its time and place,' said 1789 Capital cofounder Chris Buskirk.

Since his departure from Fox, Carlson's new endeavor has been posting his own reporting and interviews on X.

In August, he ran a bombshell interview with former president Donald Trump that aired the same time as the first Republican presidential debate. 

Trump managed to dominate headlines through the interview and so far it has received 266.5 million views.

In the interview Trump called his critics 'savages' and claimed his Democratic opponents will try and 'steal' the election again. 

During his efforts to raise cash for his company, Carlson struck an ad deal worth more than $1 million with conservative marketplace PublicSq - an organization that Malik happens to be a board member of.

Carlson's interview with Trump, which aired during the Republican presidential debate, has reached 266.5 million views

Malik has previously appeared on Carlson's former FOX News show

In 2010, Carlson launched the Daily Caller with Neil Patel. In 2020, Malik joined the organization as a minority investor and contributing editor

PublicSq is an anti-woke 'patriotic' marketplace that went public this year after merging with Malik's blank check company Colombier Acquisition Group in a $200 million deal.

Carlson and Malik have experience in the media business together. In 2020, Mailk joined the Daily Caller as a minority investor/owner and contributing editor.

In 2010, Carlson and Patel founded the right-wing new organization. Mailk has also been a guest on Carlson's Fox programming. 

Fox News has repeatedly threatened to sue Carlson for violating his contract with the launch of his new Twitter show.

The decision to fire Carlson came a few days after Fox settled with Dominion Voting Systems for $787.5 million.

The voting machine company had filed a $1.6 billion lawsuit against the network for 'giving life' to a 'manufactured storyline' about voter fraud after the 2020 election.