MIAMI, FL (CelebrityAccess) — Conservative provocateur Milo Yiannopoulos has reportedly received an investment of $12-million to build a Live Nation-like touring company for luminaries on the alt-right.
According to Vanity Fair's Tina Nguyen, Yiannopoulos's new venture Milo Inc. is backed by 'secret investors' and will be focused on broadening the reach of his divisive style of politics.
Milo Inc. will be dedicated “making the lives of journalists, professors, politicians, feminists, Black Lives Matter activists, and other professional victims a living hell,” Yiannopoulos said in his Vanity Fair interview “The business of Madonna became touring,” he added. “I’m doing the same thing, but instead of signing up with Live Nation, I’m building one. I’m building it for libertarian and conservative comedians, writers, stand-up comics, intellectuals, you name it.”
According to a press release, the company will be based in Miami, with a planned staff of 30.
Until a few weeks ago, Yiannopoulos was best known as a senior editor at conservative Breitbart News, where he made a name for himself with inflammatory headlines such as 'Slut's remorse is why rape suspects should be anonymized and 'Muslim Gang Rapists Are Springing Up Everywhere, Why Can't We Be Honest About it.'
However, he was disowned by the conservative movement in February after a video surfaced that appeared show Yiannopoulos condoning child molestation, suggesting that he was sexually active with older people at a young age and that it didn’t affect him. After the video surfaced, Yiannopoulos was let go from his post at Breitbart and book publisher Simon & Schuster canceled a reported six-figure book deal for him.
Yiannopoulos has since gone record on to refute his previous statements in the video. “I do not support pedophilia. Period. It is a vile and disgusting crime, perhaps the very worst,” Yiannopoulos said in a statement on his social media.