The paper said Newsmax had witnessed 40 percent growth rates per annum over the past decade, closing 2009 with $35 million revenues, up from $25 million the year before. In a January 2010 profile on the company, the Financial Times reported that the "rise of Newsmax" had defied the media trend and said that the Newsmax website was "one of the strongest conservative voices online". In 2014, Newsmax donated $1 million to the Clinton Foundation and CEO Christopher Ruddy has accompanied President Clinton on foundation trips to Africa. The New York Times said with reference to the event that politics had made " strange bedfellows." Bill Clinton also visited the Newsmax headquarters in West Palm Beach in 2010. In the fall of 2007, Newsmax CEO Christopher Ruddy published a positive interview with former president Bill Clinton on, followed by a positive cover story in Newsmax magazine. In 1998, Newsmax became known for its anti- Clinton content. Former United States Secretary of State and Nixon and Ford administration Chief of Staff, General Alexander M. Admiral Thomas Moorer, the former Chairman of the Joint Chiefs of Staff and Chief of Naval Operations during the Vietnam War, also served as one of the company's founding board members.
Other news figures who later joined the Newsmax board included Arnaud de Borchgrave, the longtime Newsweek chief correspondent who also serves as editor-at-large of United Press International (UPI) and Jeff Cunningham, former publisher of Forbes. Ruddy previously promoted conspiracy theories around the suicide of Vince Foster. Davidson's co-editor, Lord Rees-Mogg, former editor of the London Times, later became chairman of Newsmax. One of the initial board members was author James Dale Davidson who edited a financial newsletter. Later, Richard Mellon Scaife, Ruddy's former employer at the Pittsburgh Tribune-Review, invested in the fledgling company. Ruddy started on September 16, 1998, supported by a group of investors, including the family of former Central Intelligence Agency Director William J. 1.4 False information about climate change.1.3 Post-2020 United States presidential election.1.1 Coverage of the 2020 United States presidential election.In 2021, the channel was sued by Dominion Voting Systems and Smartmatic for promoting false claims that the companies had engaged in election fraud during the 2020 presidential election. When asked about Newsmax's support of former President Trump, Ruddy stated, "We have an editorial policy of being supportive of the president and his policies". Newsmax later issued an apology and publicly retracted any voter fraud conspiracy allegations. Īfter the 2020 United States presidential election, Newsmax published numerous conspiracy theories made by President Donald Trump and the Trump campaign about voter fraud in the 2020 election, though the network never confirmed the veracity of the statements and accepted the election of Joe Biden as duly elected President.
The Washington Post described Newsmax as "a landing spot for cable news personalities in need of a new home," citing the network's airing of Mark Halperin and Bill O'Reilly following their resignations from other networks due to sexual harassment allegations. CEO Christopher Ruddy has attempted to position the network as a competitor to Fox News, including by hiring former Fox News hosts Rob Schmitt, Greg Kelly, Bob Sellers and Heather Childers. The website has been described by The New York Times as a "potent force" in U.S. The channel primarily broadcasts from Newsmax's New York studio on Manhattan's East Side, with two headquarters in Boca Raton, Florida and Washington, DC. As of May 2019, the network reaches about 75 million cable homes and has wide digital media player/mobile device availability.
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Newsmax launched a cable TV channel on Jto 35 million satellite subscribers through DirecTV and Dish Network. Newsmax Media also operates a print magazine called Newsmax as well as the cable news channel Newsmax TV. The website is divided into four main sections: Newsmax, Newsmax Health, Newsmax Finance, and Newsmax World, each of which is divided into various subsections. Newsmax (or, previously styled NewsMax) is an American right-wing to far-right news and opinion website founded by Christopher Ruddy on September 16, 1998, and operated by Newsmax Media.
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