Tucker Carlson buys out investors in his media company
Tucker Carlson and his business partner, Neil Patel, recently bought out investors in their media company, Tucker Carlson Network (TCN), a source familiar with the deal tells Axios.
Why it matters: The deal gives the pair complete independence and total control of the company they co-founded in 2023.
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.