TheBlaze

Filing Says Glenn Beck’s Network TheBlaze Is Raising $40M

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TheBlaze, a set of online ventures run by conservative pundit Glenn Beck, is raising $40 million in new funding, according to a filing with the Securities and Exchange Commission.

The filing states that the company has raised $1.5 million so far. It also says that TheBlaze currently has revenue between $25 million and $100 million.

I emailed the company earlier this afternoon to confirm the news, but I haven’t heard back. If I do, I’ll update this post.

As a news and opinion website, TheBlaze was launched in 2010, but the name has become the umbrella for several online properties, including TheBlazeTV (formerly GBTV, which was launched after Beck’s departure from Fox News in 2011) and an online marketplace.

Recently, the company has been outlining more ambitious plans. In January, it said it was relaunching as a global network, opening three foreign bureaus and moving to bigger offices in New York. And in February, Beck announced a campaign to get the channel carried on more cable and satellite TV networks (it’s currently carried by Dish Network).