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Newsmax Inc. NMAX
$24.34 $0.773.27% NYSE
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Corporate Info
Phone Number
561 686 1165
Address
750 Park Of Commerce Drive
Suite 100
Boca Raton, FL 33487
Country
United States
Year Founded
1998
Details
Sector
Communication Services
Industry
Media and Entertainment
Employees
400
Business Decription
Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher. It operates through two segments: Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content, including Newsmax and Newsmax2, which offer 24/7 television news and informational programming channels. The Digital segment provides online advertising, including online display ads, email advertising, other online placements, print advertisements, and subscriptions. These subscriptions feature a collection of specialized health and financial newsletters, Newsmax Magazine, and four online membership programs. Additionally, the company engages in e-commerce, primarily through subsidiaries that sell nutraceuticals and nonfiction books on political, financial, and health-related topics. Newsmax Inc. was founded in 1998 and is headquartered in Boca Raton, Florida. It operates as a subsidiary of the Christopher Ruddy Revocable Trust.