Dallas Mavericks' Mark Cuban Expresses Interest in Buying Twitter/X and Fox News
Dallas Mavericks' Mark Cuban Eyes New Media Ventures
In a recent interview with Wired, Dallas Mavericks owner Mark Cuban hinted at his intriguing plans to acquire major media properties, including Twitter/X and Fox News. At 66, he appears to be at a crossroads, having reduced his involvement with the Dallas Mavericks and preparing to exit ABC's Shark Tank after this season.
Cuban's Media Acquisition Aspirations
- Mark Cuban stated, 'If I had enough money to do it, which I don’t, I’d buy it in a heartbeat' regarding Fox News.
- He suggested that owning Fox News could remedy what he terms the 'Fox News generation'.
- Cuban estimates the potential buyout of Fox News could be priced between $15 billion and $20 billion.
Challenges in Acquiring Twitter/X
While excited about possible ventures, Cuban acknowledged the improbability of purchasing Twitter/X, given that current owner Elon Musk likely has no intention of selling.
Mark Cuban's New Projects
Far from slowing down, Cuban has found a new passion in the pharmaceutical industry. He invested $250,000 in a startup led by Alex Oshmyansky aimed at providing generic medications at cost. This venture has blossomed into the Mark Cuban Cost Plus Drugs company, which supplies numerous medications across the U.S.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.