Tucker Carlson New Media Company Just Received HUGE News

Tucker Carlson’s new media company just received an earlier Christmas present!

Tucker Carlson’s new startup Last Country received a $15 million investment from Omeed Malik’s newly launched 1789 Capital investment firm.

According to the Wall Street Journal, Tucker’s new venture will be subscription driven and will feature him interviewing high profile political and cultural figures.

The new investment from Malik will encourage larger investors to invest in Tucker’s new media company which will ultimately lead to Tucker producing content once again on a new consistent basis.

Tucker Carlson's new media venture is raking it in. Expected to take form in Summer of 2024.https://t.co/j3VOPJdjZa

— Citizen Free Press (@CitizenFreePres) October 18, 2023

https://twitter.com/NEWS_MAKER/status/1714407429964763181

Per Fortune:

Tucker Carlson’s new media company has found a backer.

Omeed Malik, through his newly launched 1789 Capital boutique investment firm, has invested $15 million in seed capital into Last Country, the startup founded by Carlson and Neil Patel, according to the Wall Street Journal.

The venture will ultimately be subscription-driven, but is currently building an audience with videos featuring Carlson streamed on Twitter, including a high-profile one with Donald Trump that ran at the same time as the first Republican candidates’ debate.

Malik, who also founded the bank Farvahar Partners, launched 1789 as an “anti-woke” equity firm. It is, at present, funded modestly, with $150 million to invest, which could make it hard for the company to compete against larger VC firms.

The investment in Carlson’s media business is meant to help it show proof of concept, which would enable the company to then take on larger capital investments. It does not assign a valuation, at present, to the business, according to the WSJ.

Carlson was abruptly pushed out of Fox News on April 24. No official reason was given, but in the weeks since the action, leaks revealed he had allegedly sent misogynistic and vulgar messages about his coworkers. Tucker Carlson Tonight was Fox’s most-viewed evening program, averaging 3.2 million viewers during the first quarter.

Tucker Carlson's Media Company Secures $15 Million Seed Round From 'Anti-Woke' Firm 1789 Capital https://t.co/oJ1ZUoHh4A

— zerohedge (@zerohedge) October 17, 2023

Here’s what The Wrap reported:

Tucker Carlson and Neil Patel’s new media company raised a $15 million seed round led by recently launched firm 1789 Capital, which aims to specialize in conservative-leaning organizations, The Wall Street Journal reports.
Carlson reportedly started courting wealthy conservative media investors to help get his relatively undefined venture off the ground in June. The media company will be driven by subscriptions but will also provide free video content of Carlson and others.

In the meantime, Carlson has been posting content, mostly interviews, to X (formerly Twitter). While the platform claims that Carlson’s content gets more views on X than he would on cable news, the metrics used are unreliable and do not accurately depict the number of users who truly watched the content rather than just scrolling past.