Axios' Jonathan Swan hears Bannon has told friends he sees a massive opening to the right of Fox News, raising the possibility that he's going to start a network.
- Bannon's friends are speculating about whether it will be a standalone TV network, or online streaming only.
- Before his death in May, Roger Ailes had sent word to Bannon that he wanted to start a channel together. Bannon loved the idea: He believes Fox is heading in a squishy, globalist direction as the Murdoch sons assume more power.
- Now he has the means, motive and opportunity: His chief financial backer, Long Island hedge fund billionaire Bob Mercer, is ready to invest big in what's coming next, including a huge overseas expansion of Breitbart News.
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