Newsmax’s CEO to CNBC: Company Poised for Growth in Cable, OTT

Newsmax's CEO to CNBC: Company Poised for Growth in Cable, OTT

Newsmax’s CEO to CNBC: Company Poised for Growth in Cable, OTT

Newsmax is poised for significant growth and is already a major media player, Newsmax CEO Christopher Ruddy told CNBC’s “Squawk Box” Monday morning.

“I’m running Newsmax, which is not far behind CNN at about $200 million a year in revenues and expenses,” Ruddy said.

He noted that at the same time “CNN’s spending billions and billions, so there must be tremendous fat in all these companies.”

Read more at Newsmax© 2025 Newsmax. All rights reserved.

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