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DID JEREMY BOREING STEP DOWN AS CEO FROM THE DAILY WIRE š° OR WAS HE FIREDā
ā£Ian Carroll - Daily Wire CEO Jeremy Boering stepping down??? Oh no- thereās so much more tea than that. My sources have been telling me about this story for months- Hereās the inside scoop:
Source: https://x.com/IanCarrollShow/s....tatus/19020532131356
Thumbnail: https://imgflip.com/i/9ntlhc [thanks to https://x.com/NoQuarterMeme/st....atus/190204038699592 š¦]
Here's the (((official))) narrative:
Jeremy Boreing, co-founder of the Daily Wire, is stepping down from his role as co-CEO to focus on creative projects for the company, he told staff in a memo obtained by Axios on Tuesday.
Why it matters: Boreing has been with the Daily Wire since its inception in 2015. He helped grow the outlet from a tiny news startup with $4.7 million in seed funding to a media giant valued north of $1 billion last year.
State of play: Caleb Robinson, the company's founding CEO, will become the company's full-time CEO effective immediately. Robinson and Boreing have been co-CEOs since 2019.
Robinson co-founded the company alongside Boreing and the outlet's editor emeritus Ben Shapiro.
In a note to staff, Boreing said he will remain with the company in an advisory role. He will continue to host "Daily Wire Backstage," the company's monthly show featuring Ben Shapiro, Matt Walsh, Michael Knowles and Andrew Klavan.
He will focus full-time on creative projects, including the completion of the Daily Wire's TV series "The Pendragon Cycle," in which he serves as director and executive producer.
Zoom out: Boreing has led the Daily Wire's commercial expansion over the past decade, growing the outlet from a social media publishing brand to a streamer and e-commerce giant.
Most notably, he has overseen the creation of the Daily Wire+ subscription streaming service and Bentkey, the subscription streamer for kids.
He also helped build the company's e-commerce business into a multi-million dollar revenue line.
What's next: Robinson and Shapiro plan to continue pursuing a growth investment in 2025.
https://www.msn.com/en-us/mone....y/other/exclusive-da
