Newsmax grows revenue to $45.3 million in Q1
Newsmax grew its overall revenue spurred by gains in its subscription and advertising businesses, which helped lower its operating loss during Q1.
Newsmax grew its overall revenue spurred by gains in its subscription and advertising businesses, which helped lower its operating loss during Q1.
The right-of-center news and political affairs network seeks to raise as much as $75 million through an initial public offering.
Newsmax has shut down its free streaming channel and launched a headline aggregation service called “Newsmax 2” in its place.
The political commentary channel says it didn’t demand the right-of-center candidate pay more money to increase visibility on its network.
Rumors are swirling that Newsmax owner Chris Ruddy is pushing hard to get the former Fox News commentator for his network. [Next TV]