
Chuck Todd says he is launching a media empire—and is preparing to spend up to a whopping $2 billion to do so. Todd told The New York Times he was partnering with a bank to look at building or acquiring a company focused on community news, with a goal of finding local sites rooted in their communities and their local kids’ sports. Todd declined to name which outlets he was looking at, and he also didn’t say whether he had any other financial backers behind him. The quest was all part of an effort to branch out of the TV news confines that locked him in at NBC, which he left in January after 17 years. The former Meet the Press moderator has also relaunched his podcast, “The Chuck ToddCast,” with a focus on longer interviews with lawmakers. “The current system of legacy television just doesn’t allow for that,” Todd said. He told the Times he plans to make three podcast episodes a week and hire hosts for shows focused on politics and culture.
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