Christopher Ruddy
Christopher Ruddy is the founder and CEO of Newsmax.
Newsmax swings to profit during Q2 on higher ad revenue
Newsmax swung to a profit for the first time since becoming a publicly-traded company, with domestic affiliate fees, advertising and international licensing leading to a sharp increase in revenue.
EARNINGS REPORT
Newsmax preps lawsuit over FCC broadcast TV ownership vote
In an interview with The Desk on Tuesday, Newsmax CEO Christopher Ruddy reaffirmed his commitment to litigation and said FCC Chairman Brendan Carr was "not good for conservatives."
FIRST ON THE DESK
FCC vote on ownership cap coincides with broadcast-related financial earnings releases
Several companies with deals pending before or approved by the FCC will release their Q2 earnings on Thursday, the same day as a vote on the broadcast ownership cap.
FIRST ON THE DESK
Newsmax plots expansion to Germany, Italy, Greece as part of international push
Newsmax says its international expansion effort, which includes broadcasting via partnerships and licensing deals, will generate $25 million in revenue by the end of the year.
FIRST ON THE DESK
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.