Tucker Carlson sells stake in The Daily Caller to focus on prime-time show

The Hill reports that Fox News personality Tucker Carlson has decided to cut ties with the website he helped start a decade ago.

In 2010, Carlson founded The Daily Caller in conjunction with Neil Patel, a one-time aide to former Vice President Dick Cheney, along with businessman Foster Friess.

Patel — himself of Indian heritage — purchased Carlson’s stake in the enterprise, and the transaction has catapulted The Daily Caller to new status as the largest minority-run and minority-owned digital media enterprise in the entire country, The Hill noted.

Carlson exits Daily Caller

In an interview with GigaOm back at the time of the website’s launch, Carlson explained, “We’re going to be relying on dozens, scores of freelancers because there are more freelancers now than ever and they’re going to be writing on this profit-sharing model where they’re getting paid a significant percentage of the revenue generated by pieces they write as measured by ads served to those pieces.”

“There aren’t enough people doing this,” Carlson went on to state, adding, “I don’t feel like we’re in competition with anybody.”

However, the conservative commentator has now decided to sell off his share of the venture and will be ceasing his involvement with it.

“I’m just too absorbed in what I’m doing,” Carlson explained to the Wall Street Journal on Tuesday. “I wasn’t helping in any way, because I’ve got an hour to do every night.”

Advertisers boycott show

Carlson’s comment made reference to the nightly opinion program he hosts on Fox News. But despite his being at the helm of one the network’s most highly-rated shows, there are many people who want to see him gone.

On Thursday, Disney and T-Mobile both announced that they will no longer advertise on Carlson’s program, according to USA Today. The move is reportedly in response to critical comments Carlson made about the Black Lives Matter movement.

“We haven’t run ads on Tucker Carlson Tonight since early May and have canceled all future placements. We will continue to support those who stand against racial injustice,” T-Mobile tweeted.

T-Mobile CEO Mike Sievert also addressed the issue, telling a Twitter user that Carlson’s opinion was “definitely not” something that his company supported. “Bye-bye Tucker Carlson!” he said in a tweet.

This isn’t the first time that Carlson has lost sponsors as a result of his on-air opinions. In 2018, CBS News reported that a dozen companies either stopped advertising with Fox News altogether or asked that their ads not appear on Carlson’s show after the host argued that illegal immigration was making America “poorer and dirtier.”

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