Trump Media & Technology Group has officially entered the global streaming market with the launch of its new platform, Truth Plus, developed in partnership with right-of-center news outlet Newsmax.
The app, which offers live and on-demand access to Newsmax programming, is now available on X1-powered set-top boxes and the Xumo Stream Box.
Newsmax has renewed its distribution agreement with Verizon that will keep its cable news channel on Fios TV for a few more years.
Newsmax grew its overall revenue spurred by gains in its subscription and advertising businesses, which helped lower its operating loss during Q1.
Disney has struck an agreement to add Newsmax to its Hulu with Live TV service, with the channel landing on the platform this summer.
The company’s revenue last year was $171 million, of which $80 million came from advertising, according to investor materials.
A judge in Delaware said election-related conspiracies aired on Newsmax four years ago amounted to defamation, though a jury may still have to weigh other elements of the case.
Newsmax has settled into Wall Street at a more-reasonable $40 per share after achieving a wild high of more than $280 by mid-week.
The parent company of right-of-center cable news channel Newsmax had its Wall Street debut on Monday, and its share price definitely put on a show for investors and retail traders alike.
Sinclair, Inc. has hired a former talent manager at Newsmax to serve as its new Director of Content for the broadcaster’s coast-to-coast news initiative.
Newsmax agreed to pay $40 million to settle a defamation case brought by Smartmatic, according to regulatory filings released this week.
Fox News averaged 2 million overall viewers with its post-election news and prime-time programming, according to Nielsen data.
Newsmax has inked a distribution agreement with Google-owned YouTube TV.
The settlement includes “monetary remuneration,” according to a source. Specific terms were not disclosed.
All four major broadcast networks will carry a simulcast of the debate, along with CNN competitors like Fox News, MSNBC, Newsmax and NewsNation, among others.
The right-of-center news and political affairs network seeks to raise as much as $75 million through an initial public offering.
Tucker Carlson’s new streaming TV service is more expensive than comparable products like Fox Nation and Newsmax Plus.
Newsmax has shut down its free streaming channel and launched a headline aggregation service called “Newsmax 2” in its place.
Newsmax has made its debut in the United Kingdom after securing distribution on the free-to-air broadcast platform Freeview.
The political commentary channel says it didn’t demand the right-of-center candidate pay more money to increase visibility on its network.
CNN viewership eroded in the two days following its town hall with Donald Trump, putting it behind conservative upstart Newsmax.
Rumors are swirling that Newsmax owner Chris Ruddy is pushing hard to get the former Fox News commentator for his network. [Next TV]
Frontier has pulled conservative commentary channel Newsmax from its lineup after its agreement with the network ended this month.
Frontier has pulled conservative commentary channel Newsmax from its lineup after its agreement with the network ended this month.
DirecTV has reached an agreement with conservative commentary network Newsmax to return the channel to its satellite and streaming services by the end of the week.
FCC commissioner nominee Gigi Sohn says the agency should scrutinize DirecTV for removing OAN and Newsmax.
DirecTV says it is open to adding Newsmax once again, as long as the conservative commentary channel drops its demand for retransmission fees.
Dish Network is trying to convince DirecTV customers that they should switch services if they want Newsmax.
Newsmax says it will soon be available only on cable and will end its free online stream following its dispute with DirecTV.
DirecTV removed Newsmax from its satellite and streaming services on Wednesday after the channel requested carriage fees.
Newsmax shed half of its post-election audience by the end of February.