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Newsmax faces audience limits, legal risks, and weak profit potential despite a strong cash position and loyal base. Find out ...
More pressing for investors is the need to reconcile Newsmax's lofty valuation. With a current $1.7 billion market ...
BOCA RATON - Newsmax Inc. (NYSE ... and publications. The expansion to Comcast’s platforms provides Newsmax+ with access to both streaming and traditional pay-TV subscribers who can now access ...
At its peak, Newsmax's market cap reached $29 billion, or nearly 170 times the $171 million in revenue it generated in 2024.
the expansion of its streaming media platform, and higher affiliate fees. Newsmax also settled a defamation lawsuit in 2024 by electronic voting systems maker Smartmatic for $40 million over ...
The expansion to Comcast’s platforms provides Newsmax+ with access to both streaming and traditional pay-TV subscribers who can now access the app directly on their televisions. In other recent news, ...
Newsmax ended the quarter with $127 million in cash on its balance sheet, which provides ample near-term liquidity but may require added financing in the coming years to support its expansion ...