The conservative cable and digital outlet founded by Christopher Ruddy saw a 26% increase in unique visitors to its digital products in 2024 compared to 2020.
"We've had conversations about how we can do more news on the radio. The key is ... how to do it at the level of quality you need. If you do it cheap, people can tell."
Newsmax is offering a private investor offering for eligible investors in an effort to raise $225 million before beginning the process of going public.
Borrell Associates projects that figure will climb considerably over the next four years as the industry undergoes what it describes as a "great reshuffling."