Christopher Ruddy
Christopher Ruddy is the founder and CEO of Newsmax.
Newsmax CEO Chris Ruddy threatens lawsuit over FCC TV ownership cap
Federal lawmakers are the only ones who can eliminate an FCC-imposed ownership cap on local broadcasters, Ruddy asserts.
FIRST ON THE DESK
FCC broadcast TV ownership cap gets hearing on Capitol Hill
Lawmakers showed mixed views, balancing concerns over consolidation against fears that failing to modernize rules will further weaken local TV news.
FIRST ON THE DESK
Senator Cruz plans hearing on FCC broadcast ownership rules
The Senate Commerce Committee will hear testimony on broadcast TV ownership rules from key stakeholders in the industry.
Newsmax urges FCC to deny Nexstar-TEGNA merger
The company warned the deal would increase retransmission fees and further concentrate power among local TV station owners.
Broadcast TV stocks dip after Trump opines about ownership rules
President Trump appeared to side against reforming broadcast ownership rules in a post on Truth Social on Sunday.
Newsmax cuts net loss on strong revenue growth during Q3
Newsmax cut its financial loss by half on stronger advertising and subscription revenue during the third quarter of the year.
EARNINGS REPORT
Newsmax files antitrust lawsuit against Fox News
In a federal complaint, Newsmax accuses Fox of trying to convince pay TV operators to not carry it competing channel.
Newsmax CEO: FCC lacks authority to eliminate broadcast ownership cap
Newsmax CEO Chris Ruddy says raising or eliminating the FCC's ownership cap would harm localism and raise costs for consumers to the benefit of executives and shareholders.
Newsmax CEO: Politics of judge led us to settle Dominion lawsuit
In a TV interview, Newsmax CEO Chris Ruddy said he feared the company would not get a fair shake if they proceeded to trial in Delaware.
Newsmax CEO urges FCC to preserve national TV ownership cap
Christopher Ruddy urged the FCC to keep the national TV ownership cap, warning that lifting it would harm local journalism and let major networks dominate more TV markets.
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 reveals plan to list on Wall Street
The right-of-center news and political affairs network seeks to raise as much as $75 million through an initial public offering.