Newsmax’s Audience Grows by 50% in Q1 2025
Rhea-AI Summary
Newsmax (NYSE:NMAX) reported significant audience growth in Q1 2025, with total viewership reaching 33.6 million, marking a 50% increase from 22.4 million in Q1 2024. The company also achieved a 15% quarter-over-quarter growth from Q4 2024's 29.3 million viewers.
The announcement follows Newsmax's recent debut on the New York Stock Exchange, trading under the symbol NMAX. The company successfully raised $300 million through its IPO and private preferred share offering. Newsmax plans to expand its reach through its main channel, digital channel N2, and streaming service Newsmax+.
Positive
- 50% year-over-year audience growth to 33.6M viewers in Q1 2025
- 15% quarter-over-quarter viewer growth from Q4 2024
- Successful IPO and private offering raising $300M
- Recent NYSE listing expanding market visibility
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, NMAX gained 4.71%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
BOCA RATON, FL / ACCESS Newswire / April 7, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") announced today that its total audience is continuing to surge, growing by an eye-popping
The ratings service said Newsmax had 33.6 million total viewers in the first quarter of 2025 - an increase of
First quarter ratings this year also saw a healthy
"These strong surges in audiences rarely happen in cable news," Jason Villar, Vice President of Media and Market Research at Newsmax said. "We are clearly bucking the trend of cable news and overall cable viewership as viewers clearly like the product Newsmax is offering."
News of the network's audience growth comes as Newsmax debuted on the New York Stock Exchange last week as a publicly traded company under the symbol "NMAX".
Previously, the Company had raised
The Company plans to continue to grow its reach on the Newsmax channel, on its digital channel N2 as well as its streaming service Newsmax+.
About Newsmax
Newsmax Inc. is a holding company that owns
Newsmax operates the Newsmax channel, now the fourth highest-rated cable news channel, according to Nielsen, and is available on all major cable systems and OTT platforms.
Newsmax's media properties reach more than 40 million Americans regularly through the Newsmax channel, its free streaming channel Newsmax2, the Newsmax App and its streaming service Newsmax+, its website Newsmax.com, and publications like Newsmax Magazine.
Forbes has called Newsmax "a news powerhouse" and the New York Times has said it is a "potent force" in U.S. news.
Through its media outlets Newsmax champions a free press, one that provides Americans with balanced coverage, diverse viewpoints, and open debates on the issues affecting their lives.
Newsmax Inc., based in Boca Raton, Fla., with offices in Washington, D.C. and New York City, is headed by its CEO Christopher Ruddy.
For more information, please visit Investor Relations | Newsmax Media, Inc.
Investor Contacts
Newsmax Investor Relations
ir@newsmax.com
FORWARD-LOOKING STATEMENTS: This communication contains forward-looking statements. The Company bases these forward-looking statements on its expectations and projections about future events, which it derives from the information currently available to it. Such forward-looking statements relate to future events or its future performance, including: its financial performance and projections; growth in its revenue and earnings; and the Company's business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: the Company's ability to change its direction; its ability to keep pace with new technology and changing market needs; and the competitive environment of its business. These and other factors may cause the Company's actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this communication may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about the Company, including among others, risks and uncertainties described in our most recent Annual Report on Form 10-K. The Company is not obligated to publicly update or revise any forward-looking statement.
SOURCE: Newsmax Inc.
View the original press release on ACCESS Newswire