What are we missing? Is there a key link we skipped, or a part of the story we got wrong?
Let us know — we’re counting on you to help Encyclo get better.
Newsmax is a conservative American political media company that produces a monthly magazine, a popular website, and several nonpolitical newsletters.
Newsmax was launched in 1998 by Christopher Ruddy as an alternative to mainstream news outlets. It is co-owned by Ruddy and billionaire Pittsburgh Tribune-Review owner Richard Mellon Scaife and is based in West Palm Beach, Fla., though it opened a New York bureau in 2011.
Newsmax’s revenue grew 50 percent in 2010 over the year before, Ruddy said, from $34 million to $51 million. The company has a staff of 110. Most of that revenue comes from digital advertising and subscriptions; about 10 percent comes from the print edition.
Newsmax’s website is free, though the publisher now has several paid health and personal finance newsletters in print and online. It also runs an online video site called Newsmax.tv. Newsmax’s site is among the most popular conservative sites on the web. It has about 250,000 print subscribers.
Newsmax bid to buy Newsweek in June 2010, and though it pledged to keep Newsweek’s editorial perspective distinct from its other publications, its bid was rejected primarily because of its conservative editorial stance.
Ruddy said Newsmax is planning to target the 60-plus age group, a demographic that other media companies generally shun. “In the next 10 years, they will dominate the US economy,” he said in January 2011. “They have disposable income — and they read.”
TucsonCitizen.com is a local citizen journalism website launched out of the former Tucson Citizen newspaper in Tucson, Ariz. The Tucson Citizen was shuttered in May 2009 by Gannett after 139 years of publication. Former citizen journalists Mark Evans and Ryn Gargulinski relaunched the paper’s website in July 2009 as a home for dozens of local…