about  /   archives  /   contact  /   subscribe  /   twitter    
Share this entry
Make this entry better

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.

Put Encyclo on your site
Embed this Encyclo entry in your blog or webpage by copying this code into your HTML:

Key links:
Primary website:
newsmax.com
Primary Twitter:
@Newsmax_Media

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 2013 revenue was $103 million, up from $85 million in 2012.  The company had a staff of 260 in early 2014. Most of that revenue comes from digital advertising and subscriptions; about 10 percent comes from the print edition. The company also sells vitamin supplements, from which it earned $6 million in revenue in 2013.

Newsmax’s website is free, though the publisher now has several paid health and personal finance newsletters in print and online. Newsmax’s site is the most popular conservative site on the web. It has about 200,000 print subscribers.

Newsmax runs an online video site called NewsmaxTV and plans to launch it as a 24-hour cable news channel, in June 2014. The channel would be a conservative alternative to Fox News, and would also sell the company’s consumer products.

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.”

Recent Nieman Lab coverage:
June 11, 2010 / Mark Coddington
This Week in Review: A mobile aggregation dustup, journalists and the link, and fan-based local sports — [Every Friday, Mark Coddington sums up the week’s top stories about the future of news and the debates that grew up around them. —Josh] The Times has the Pulse (briefly) pulled: Last week, I noted one of the more int...
June 4, 2010 / Mark Coddington
This Week in Review: The FTC’s ideas for news, Apple’s paid-news pitch, and the de-linking debate — [Every Friday, Mark Coddington sums up the week’s top stories about the future of news and the debates that grew up around them. —Josh] The FTC’s ideas for journalism: The U.S. Federal Trade Commission has spen...

Recently around the web, from Mediagazer:

Primary author: Mark Coddington. Main text last updated: March 6, 2014.
Make this entry better
How could this entry improve? What's missing, unclear, or wrong?
Name (optional)
Email (optional)
Voice of San Diego logo

Voice of San Diego is a nonprofit online news organization that focuses on in-depth and investigative reporting on civic issues. The site was founded in 2005 by venture capitalist Buzz Woolley and veteran San Diego journalist Neil Morgan, funded by $355,000 of Woolley’s own money as a way to fill what they saw a gap…

Put Encyclo on your site
Embed this Encyclo entry in your blog or webpage by copying this code into your HTML:

Encyclo is made possible by a grant from the Knight Foundation.
The Nieman Journalism Lab is a collaborative attempt to figure out how quality journalism can survive and thrive in the Internet age.
Some rights reserved. Copyright information »