NEWSMAX INC Stock Price, News & Analysis

Newsmax (NYSE:NMAX) has reached a settlement agreement with Dominion Voting Systems, agreeing to pay $67 million to resolve a defamation lawsuit filed in 2021. The settlement amount, significantly lower than Dominion's original $1.6 billion claim, will be paid in installments over three fiscal years through company revenues.

The lawsuit stemmed from Newsmax's coverage of the 2020 presidential election. While maintaining its reporting was not defamatory, Newsmax cited concerns about receiving a fair trial in Delaware Court under Judge Eric Davis, pointing to various judicial rulings they believed limited their defense capabilities. The company has since redomiciled from Delaware to Florida and expects no disruption to its operations or growth strategy from the settlement.

Newsmax (NYSE:NMAX) has expanded its multi-year partnership with Fubo, a sports-first live TV streaming platform. The agreement includes the continued distribution of Newsmax on Fubo's base Pro plan and introduces Newsmax en Español on Fubo's Latino plan and Latino Plus add-on package.

As the fourth highest-rated cable news network according to Nielsen, Newsmax will maintain its national distribution on Fubo's platform. Notably, Newsmax en Español is pioneering as the first U.S.-based news channel using AI technology for live content dubbing into another language.

Newsmax (NYSE:NMAX) has been added to both the Russell 2000® and Russell 3000® Indexes, effective June 30, 2025. This inclusion provides increased visibility to institutional investors, with approximately $10.6 trillion in assets benchmarked against Russell's U.S. indexes.

The company reports significant distribution expansion, reaching approximately 60 million U.S. households through platforms including Hulu+. Newsmax has also secured international distribution agreements in Israel, Armenia, and the Dominican Republic. Additionally, Newsmax+, the company's streaming service, has expanded its availability on Comcast's entertainment devices nationwide.

As the fourth highest-rated network, Newsmax's media properties reach over 40 million Americans regularly through various platforms, including Newsmax TV, their website, and publications. The company's social media presence extends to 20 million combined followers.

Newsmax Inc. (NYSE:NMAX) has announced the launch of its streaming service Newsmax+ on Comcast's entertainment platforms, including Xfinity X1, Xfinity Flex, Xumo Stream Box, and Xumo TV. The subscription service, priced at $4.99 monthly or $49.99 annually with a free trial option, offers access to multiple channels including the Newsmax live feed, Newsmax2, Newsmax en Espanol, and World at War. The service also features family-friendly entertainment content, including classic series like The Beverly Hillbillies, Bonanza, and Dragnet, along with documentaries and movies. This expansion significantly increases Newsmax+'s reach across U.S. households through Comcast's entertainment ecosystem.

Newsmax Inc. (NYSE:NMAX) has appointed Ambassador Paula J. Dobriansky and former U.S. Labor Secretary Alex Acosta to its Board of Directors. Dobriansky, a foreign policy expert with over 30 years of government experience, will serve on the Audit Committee alongside Acosta, who joined upon the company's IPO in March 2025. The five-member board includes CEO Chris Ruddy, Ambassador Nancy Brinker, and Christopher Nixon Cox. Dobriansky previously served as Under Secretary of State for Global Affairs and held positions during the Trump administration. Acosta, the 27th U.S. Labor Secretary, brings extensive experience in law, banking, and public service. Newsmax also provided FY2025 revenue guidance of $180-190 million. The company operates as the fourth highest-rated cable news network in the U.S., reaching over 40 million Americans through various platforms.

Newsmax Inc. (NYSE:NMAX) reported significant growth for its Newsmax2 FAST channel in May 2025, with total viewership increasing 25% year-over-year. The streaming channel attracted 21.5 million cumulative viewers and saw a 36% increase in average viewing time compared to May 2024. Newsmax2 is available across multiple OTT FAST platforms, including Samsung+, Roku, Vizio, and others, as well as over-the-air digital broadcast channels in 47 television markets. The channel operates 24/7, featuring news reports and popular opinion shows. The company's broader broadcasting portfolio includes the pay TV channel Newsmax, World at War channel, and the streaming service Newsmax+. According to Nielsen, Newsmax ranks as the fourth highest-rated cable news network in the nation, reaching over 40 million Americans regularly through various platforms.

Newsmax (NYSE:NMAX) CEO Christopher Ruddy will present at Maxim Group's '2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow' on June 4, 2025, from 12:00 PM to 12:30 PM ET. The conference focuses on technological disruption across various sectors including healthcare, drones, consumer IoT, business solutions, and gaming & entertainment. Maxim Senior Analysts will lead discussions with company executives about technology's impact on business growth. The event will be hosted live on M-Vest platform, requiring membership registration for attendance.

Newsmax (NYSE:NMAX) announced its expected inclusion in the Russell 2000 Index and Russell 3000 Index, effective June 30, 2025. The company, which went public on NYSE in March 2025, operates the fourth highest-rated cable news network in the US according to Nielsen. Newsmax reaches over 40 million Americans through various platforms including Newsmax TV, Newsmax+ App, and Newsmax.com. The company recently expanded its distribution through Hulu+, increasing its penetration to approximately 60 million US homes. The Russell indexes, which are widely used by investment managers and institutional investors, have approximately $10.6 trillion in assets benchmarked against them. CEO Chris Ruddy expressed optimism that this inclusion will enhance Newsmax's visibility within the institutional investment community.

Newsmax (NYSE:NMAX) reported its first earnings results as a public company for Q1 2025, showing total revenues of $45.3 million, up 11.6% year-over-year. The company maintained its position as the 4th highest-rated cable news channel with over 33 million quarterly viewers. Key revenue segments showed growth: Advertising revenues increased 13.5% to $28.9M, Affiliate revenues up 12.5% to $7.4M, and Subscription revenues rose 10.2% to $7.0M. However, the company reported a net loss of $(17.2M) and Adjusted EBITDA of $(1.2M). The quarter ended with $126.7 million in cash, up 426.8% from December 2024, bolstered by pre-IPO and IPO raises. Newsmax expanded its reach through new distribution agreements with Hulu + Live TV and international partners.