Welcome to the Arena from ICR – Conversations with Today's Innovators & Business Leaders

Summary: 

At this point, most Americans will probably be familiar with the media company, Newsmax. Their political slant has garnered the company its fair share of criticism, but their growth in recent years has been undeniable. 
 

Chris Ruddy is the CEO of Newsmax Media, which trades under the symbol NMAX. Chris began his career as a journalist at the New York Post and Pittsburgh Tribune-Review before founding Newsmax in 1998. Since then, it's grown into one of the nation's leading broadcasting and digital media companies.
 

Chris joins us today to talk about the public perception of NewsMax, the rationale behind their recent IPO and their plans to leverage their massive reach into future growth. 


Highlights:
  • Founding Newsmax (2:06)
  • Product offerings and reach (3:14)
  • Political leanings (5:23)
  • Attracting younger viewers (8:14)
  • IPO (9:59)
  • Capital allocation (11:16)
  • Avenues for growth (12:24)
  • Podcasting (14:38)
  • International expansion (15:52)
  • AI (18:21)
  • What do investors get wrong about Newsmax? (19:34)
 

Links:
Christopher Ruddy LinkedIn
Newsmax LinkedIn
Newsmax Website
ICR LinkedIn
ICR Twitter
ICR Website
 

Feedback:
If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, Joe@lowerstreet.co.

What is Welcome to the Arena from ICR – Conversations with Today's Innovators & Business Leaders?

In the increasingly crowded and competitive corporate and financial ecosystem, it’s harder than ever for companies to break through the clutter and be heard. The media, investors, agenda-driven influencers, even customers and competitors, are defining your business story on their terms. Therefore, it is imperative that companies take control and proactively drive the conversation with stakeholders in an effort to build & maintain equity value.

In Welcome to the Arena from ICR, Co-Founder & CEO of ICR, Tom Ryan, interviews key business and financial players who influence the fate of public or aspiring public companies in the capital markets. As a former Wall Street Journal ranked sell-side equity analyst and the founder of one of the largest strategic communications firms in the world, Tom understands what it takes to navigate this complex environment.

This is a forum for CEOs, CFOs, institutional investors, sell-side analysts, financial journalists, private equity professionals and other financial community participants to share their stories and give advice in an open and candid conversation.

For more information, visit http://www.icrinc.com