This time, that network is Newsmax, Fox News' upstart rival, which is fresh off a successful initial public offering.

In 2024, Newsmax generated revenue of $171 million, with $130.7 million of the total stemming from its broadcast operations. The company posted a net loss last year of roughly $72.2 million. If ...

Newsmax—motto: News for Fox Viewers Who Have Misplaced Their Crayons—broke a lot of rock after the 2020 election saying false and defamatory things about the products of Dominion Voting Systems.

Shares of Newsmax ( NMAX -11.02%) are falling this week. As of 1 p.m. ET, the company's stock had lost 46%. The fall comes as ...

Dominion previously sued Fox News over its coverage of the 2020 election, which resulted in the outlet paying a $787 million settlement to avoid a trial. Newsmax was separately sued by Smartmatic ...

Additionally, Davis — much as he did in the Fox News case that eventually resulted in a massive settlement for Dominion — noted that the segments aired by Newsmax were not presented as “pure ...

The companies singled out comments Trump lawyer Sidney Powell made on Fox News and Newsmax shows, along with comments made by Fox News anchors such as Maria Bartiromo and Lou Dobbs and Newsmax ...

Love him or hate him, Donald Trump's presidency has hugely impacted financial markets, boosting a slew of companies that aim ...

R.E. Wermus is a journalism intern for The Daily Signal. Conservative media outlet Newsmax took center stage last week as CEO Christopher Ruddy rang the opening bell at the New York Stock Exchange ...

“Newsmax covered both sides of the 2020 election ... That’s how Dominion’s similar lawsuit against Fox News ended in 2023, with a record-breaking $787 million agreement.

This time, that network is Newsmax, Fox News' upstart rival, which is fresh off a successful initial public offering. Following Joe Biden's victory over Donald Trump that November, Trump's allies ...

The parties ended up settling before the case went before a jury, with Fox News agreeing to pay $787.5 million to Dominion. How significant could a trial loss be for Newsmax? Dominion is seeking $ ...