Former President Trump has reportedly received a pitch to start his own media company, which would include a subscription-based streaming service known as “Trump Plus.”
The plan, details of which were shared with Axios, was reportedly presented to Trump last month at Mar-a-Lago and outlined a multibillion-dollar Trump Media Group headed by the former president.
Axios reported Thursday that the 24-page presentation labeled the proposed plans as “a conservative media powerhouse that will rival the liberal media and fight back against ‘Big Tech’ companies of Silicon Valley.”
The company along with Trump Plus would also include Trump Social Media, which would either build its own platform or take a stake in existing companies, and Trump Technologies, which would reportedly promise not to censor users and serve as an alternative to internet services AWS and Stripe.
The presentation reportedly listed the company at a base value of $15 billion, with Trump Plus at $9.2 billion.
However, Axios reported that the pitch has not gained much support from the former president, with one individual listed on the proposed management team telling Axios that he was no longer involved.
Another person listed told the news outlet that it was never involved in the reported plans.
The Hill has reached out to Trump’s team for comment on the Axios report.
The report comes amid reports that Trump has expressed an ongoing interest in starting his own digital media company.
Axios and other outlets reported as early as November 2020 that Trump had told friends he wanted to start his own company to rival Fox News, especially after backlash from Trump and his allies arguing that the network called the 2020 presidential race in Arizona for President Biden too early.
Axios reported last month that Trump was in talks with multiple apps about possible partnerships for his own social media network.
Multiple sources familiar with the matter told the news outlet that FreeSpace, a new social media platform, was one of the top contenders for Trump and his social media adviser, Dan Scavino.
Trump in January was permanently banned from Twitter and other social media platforms due to concerns that his continued pushback on 2020 election results could spur further violence following the Jan. 6 pro-Trump mob attack at the Capitol.
Last week, Trump attacked Twitter in an interview on Fox News’s “Hannity,” calling the platform “really boring” and “no good,” adding that he much preferred his emailed press releases that have become his predominant form of public communication post-White House.