Dossier
Koch Industries
Coverage of Koch Industries in the Nexus archive.
- Daily Wire, under pressure, seeks strategic investors, targets IPO
The Daily Wire is seeking $100 million in investment led by Highmount Capital, aiming for a $2 billion IPO within 18 months. The company reported $48 million in adjusted EBITDA but faces declining subscribers and ad revenue, with a failed $50 million scripted series contributing to financial strain.