CEO Chris Ruddy was joined by Newsmax hosts like Greg Kelly, Rob Schmitt, Carl Higbie, Rob Finnerty, and Greta Van Susteren as it rang the opening bell Thursday morning.
"I understand radio's need to control costs, but each time a top talent is sent packing, they're being dared to launch a business and create future revenue pain for their former outlet."
"Every layoff may improve the balance sheet for a quarter, but it also chips away at the product listeners fell in love with. You want to make a guaranteed human campaign count? Invest in more humans than cut costs for new technology or another podcast to purchase for your platform."