Former Fox News star Tucker Carlson has agreed to a landmark seven-figure advertising deal for his new Twitter show.
The deal is with Public Square (PublicSq.), a shopping app for conservatives.
This is the first, or one of the first, deals like this on Twitter.
It shows how serious Carlson is about starting a new video company.
Fox News cannot be happy. Tucker routinely brought in 3 million viewers on Fox News.
On his new Twitter show, Tucker is bringing in 50 million or more viewers and his last show had 90 million viewers.
Public Square will go public on the New York Stock Exchange in the coming days.
Michael Seifert, the CEO of Public Square, said earlier about his mission: “So there’s really this cool parallel economy ecosystem that’s been created.
“And it all starts with consumer spending.
“We hate ESG, we hate DEI [Diversity Equity and Inclusion], we talk about these policies all the time in the news.
“But the only way that we are going to topple those corrupt philosophies that are destroying our economy is by shifting consumer spending.
“And so we’re offering the easiest directory out there to go and do that as your starting point.”
Public Square said in an earlier statement:
“PSQ Holdings, Inc. (‘PublicSq.’), the nation’s largest values-aligned marketplace, and Colombier Acquisition Corp. (NYSE: CLBR) (‘Colombier’), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement.
“After the anticipated closing in the third quarter of 2023, the combined company will retain the PSQ Holdings, Inc. name and expects to trade on the New York Stock Exchange (‘NYSE’) under the symbol PSQH.
“Colombier shares will continue to trade on the NYSE under the CLBR symbol until the closing of the transaction.
“In less than eight months since its nationwide launch, PublicSq. has already become the largest values-aligned marketplace of pro-America businesses and consumers.
“The company has more than 450,000 active members, more than 40,000 businesses on its platform, and is focused on servicing an estimated total addressable market of more than 100 million Americans increasingly ignored by existing networks and marketplaces.”
Michael Seifert, the Founder and CEO of PublicSq., said: “For too long, progressive corporations have prioritized highly politicized ideas over the interests and values of the American people.
“Because of this, we, as patriotic Americans, are hungering for a future where the power is back in the hands of ‘We the People’ and a parallel economy is created.
“With the PublicSq. platform, we are grateful to provide a solution that helps everyday, freedom-loving Americans spend their hard-earned money with businesses that prioritize the values that have made this nation so special in the first place.
“We’re just getting started, and we’re proud to partner with the Colombier team.
Omeed Malik, the CEO and Chairman of Colombier, stated: “It has become increasingly obvious that there is a disconnect in America between the priorities of large multinational corporations that dominate our consumer experience and the hard-working families and individuals who yearn to find proudly patriotic businesses whose values align with theirs.
“PublicSq. has recognized and acted on this unmet need in a credible and efficient way – and with the tremendous growth of its digital platform, it is clear that Michael and his team are just getting started.
“We are thrilled to be supporting them on this journey.”