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Trump eyeing streaming media channel to compete against Fox: report

President TrumpDonald TrumpGuardian Angels founder Curtis Sliwa wins GOP primary in NYC mayor's race Garland dismisses broad review of politicization of DOJ under Trump Schumer vows next steps after 'ridiculous,' 'awful' GOP election bill filibuster MORE is reportedly eyeing his own streaming media channel to compete directly with Fox News amid his administration’s heightened tensions with the news outlet.

"He plans to wreck Fox. No doubt about it," a source with detailed knowledge of the president’s intentions told Axios.

According to Axios, Trump’s channel would likely charge a fee for the service. Fox charges $5.99 a month for its streaming service Fox Nation.

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The president and his supporters have been critical of the network over the past few weeks. Tensions escalated last week after the network was the first to call the state of Arizona for President-elect Joe BidenJoe BidenBaltimore police chief calls for more 'boots on the ground' to handle crime wave Biden to deliver remarks at Sen. John Warner's funeral Garland dismisses broad review of politicization of DOJ under Trump MORE

Senior White House adviser Jared KushnerJared Corey KushnerTrump discussed sending infected Americans to Guantanamo Bay: book NYC voters set to decide Vance's replacement amid Trump probe Kushner lands book deal, slated for release in 2022 MORE even spoke to Fox News owner Rupert Murdoch to complain about the network’s call. 

In his interview on "Fox & Friends" on Election Day, Trump complained that the network has “changed a lot,” Axios notes. 

"Somebody said: What's the biggest difference between this and four years ago? And I say, Fox," he said.

Fox Corp. CEO Lachlan Murdoch said during the company's third quarter earnings call on Nov. 3 that the network welcomes competition. 
 
"Now 18 years, off the top of my head, of different administrations and different political cycles, we’ve maintained our number one position through all of that," Murdoch said. "We fully expect to be number one and maintain share through that."

"We love competition. We have always thrived with competition. And we have strong competition now," he added.

Updated at 2:57 p.m.