Podbit · Candace
In a Jubilee debate clip, Dave Rubin insisted there were no ongoing Israeli operations in Gaza and no remaining hostages — and was immediately fact-checked on camera as 'fundamentally false.' Candace says this confirms he operates purely on tribalism and headlines, not information.
Where this was said
At 39:50 · chapter starts 37:14
The Semafor article confirms what Candace says she has been reporting for months: The Daily Wire is in serious financial distress. The piece reveals the $50 million spent on just 7 episodes of Pendragon — Jeremy Boreing's fantasy passion project — exceeding HBO's per-episode Game of Thrones Season 1 budget. The company failed to find a private equity rescuer and is now working with Highmount Capital to raise $100 million in strategic investment at a valuation Candace says is 'absurdly' aspirational given the financial reality. Candace then draws on her private equity background at a distressed debt firm to dissect the Daily Wire's tactics: free and deferred subscriptions allow them to announce 'record subscription years' while generating no meaningful revenue — a classic pre-sale pump. The claimed $48M adjusted EBITDA is, she argues, meaningless without seeing the actual books. The ultimate play is an IPO — the retail investor version of a pump-and-dump, where insiders cash out while the people the company has called antisemites and 'literally Hitler' buy worthless shares. Candace concludes: it's a cult, and a cult cannot survive. [1] — Candace Owens "The Daily Wire spent at least $50 million producing just 7 episodes of Pendragon, Jeremy Boreing's fantasy passion project. That is more mo…" 45:56 [2] — Candace Owens "Having failed to secure private equity rescue money, The Daily Wire is pursuing a $100M strategic investment via Highmount Capital with an …" 49:10
According to a Semaphore article, The Daily Wire is seeking at least $100 million in strategic investment with an eye toward an IPO, indicating severe financial distress.
The Daily Wire spent at least $50 million producing just 7 episodes of Pendragon, Jeremy Boreing's fantasy passion project. That is more money per episode than HBO spent on Game of Thrones Season 1. Candace calls this the single greatest contributor to the company's financial collapse.
The Daily Wire spent $50 million on just 7 episodes of Pendragon, Jeremy Boring's fantasy series, which Owens says was the single greatest contributor to the company's financial collapse.
The Daily Wire gave away free memberships through 'buy one get one' and deferred payment schemes, then announced record subscription years. Candace, who worked in private equity at a distressed debt firm, explains this is a classic pump-before-sale tactic: you can show subscriber highs without revealing you made no profit.
Semaphore published a revenue and subscriber chart for The Daily Wire showing growth slowdown and a collapse in advertising. The steepest decline aligns with Candace's exit and was followed by Brett Cooper's departure. No subscriber growth was recorded in the most recent year.
Ten years ago, 90% of tech media coverage was relentlessly negative and Kalanick felt he couldn't speak freely. Today, the rise of independent podcasters and Elon Musk buying Twitter has fundamentally changed the game — and it's why he's finally willing to talk.
Kay Classman, 28, was arrested for repeatedly posing as a 16-year-old and enrolling in Bronx high schools across multiple districts. She wasn't a predator — just someone so sad and lonely she wanted her lost childhood back. That's somehow sadder.
Disney, Meta, and Paramount have collectively paid Trump roughly $60 million to settle what Galloway calls nuisance lawsuits — all routed to his presidential library. Newsrooms are folding. The White House is handpicking press pool participants. This is what the end of a free press looks like.
One cheap fake documentary made by a teenager in his mother's basement convinced 16% of Americans that 9/11 was an inside job. Social media didn't invent conspiracy — it just gave it a rocket engine.
A progressive organization with a stated mission to destroy Turning Point USA received millions from ActBlue and is now publicly pushing the narrative that TPUSA insiders and Israel murdered Charlie Kirk. Andrew Wilson traced the network of accounts all amplifying the same conspiracy in perfect unison.
The microphone-bomb theory fails on every physical front: no smoke, no ignition, mic on the wrong side of the wound. And the .30-06 rifle round used is extensively documented by the US Army — it does not always produce a through-and-through wound. Wilson argues this is a well-studied projectile with well-understood behavior.
Andrew Wilson publicly offered Candace Owens $300,000 to debate her theory that Israel and TPUSA murdered Charlie Kirk. She refused. He argues that flat-earthers will debate anyone, but Kirk conspiracy theorists won't defend their claims under scrutiny.
Erika Kirk became the CEO of TPUSA while grieving her husband's murder in public, and now faces tens of thousands accusing her of conspiring to kill him. Andrew Wilson calls it mind-boggling psychological torture. The sparklers at the memorial weren't suspicious — they were a grieving widow doing her best in an impossible situation.
Joe Rogan and Andrew Wilson watch a bystander video of the Corey Ruiz police shooting in Madison, Wisconsin live on air. The video is so blurry they initially think a female officer fired the fatal shots. They later learn a male officer did, after Ruiz allegedly pulled a knife and stabbed officers. Their conclusion: you cannot have a hot take on a story you don't understand yet.
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