Newsmax Media is an American news media organization founded by Christopher Ruddy and based in West Palm Beach, Florida. It operates a multiplatform network focused on conservative media, including the news website Newsmax. com, publishes the Franklin Prosperity Report and Newsmax magazine, and the cable news channel Newsmax TV. In 2014, Newsmax announced they would be starting a new television channel as an alternative to Fox News.
About Newsmax Media in brief
Newsmax Media is an American news media organization founded by Christopher Ruddy and based in West Palm Beach, Florida. It operates a multiplatform network focused on conservative media, including the news website Newsmax. com, publishes the Franklin Prosperity Report and Newsmax magazine, and the cable news channel Newsmax TV. In 2014, Newsmax announced they would be starting a new television channel as an alternative to Fox News. In 2008, a profile in The Palm Beach Post on Newsmax and founder Ruddy indicated the company generated revenues of approximately USD 25 million per year, and, according to the company, has been profitable for the past five years. A 2010 study released by Nielsen reported that NewsMax. com was the number one site for conservatives in the U.S., making it one of the most influential conservative news sites in the nation. In 2015, a survey indicated that the readership consists mainly of Internet users over the age of 45, which aligns itself to the average age of Republican leaning voters, as The Pew Research Center noted the company’s headquarters had become a must for Republican candidates seeking the party’s 2012 nomination.
When Sarah Palin stopped by the US News and World Report office for an interview, Ruddy suggested the move was the clearest indication she was not yet ready to stop planning for a run for the White House in 2012. In August 2001, talk radio host Michael Reagan merged his monthly newsletter The Reagan Monitor with Newsmax Magazine and began writing a regular column for the publication. The company has witnessed 40 percent growth rates per annum over the past decade, closing 2009 with USD 35 million revenues, up fromUSD 25 million the year before. In a 2009 Forbes interview, Internet expert Nathan Richardson was asked to identify the \”smartest thing on the web\” today. Richardson identified Newsmax, among several websites, citing its success monetizing the web.
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This page is based on the article Newsmax Media published in Wikipedia (as of Nov. 28, 2020) and was automatically summarized using artificial intelligence.
