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Free Press founder Bari Weiss named editor of CBS News after deal with Paramount
Reuters· 2025-10-06 12:39
Paramount Skydance CEO David Ellison has named Bari Weiss editor-in-chief of CBS News, as part of a deal to acquire the online news site she founded, The Free Press. ...
Paramount Buys Bari Weiss's the Free Press for $150 Million
WSJ· 2025-10-06 12:29
Weiss, who once said she was done with legacy media, is to take control of CBS News's editorial vision, aiming for "news that reflects reality.†...
NBC News to lay off London bureau staff ahead of divorce from MSNBC, CNBC: report
New York Post· 2025-10-02 17:46
Group 1 - NBC News has begun laying off staff from its London bureau as part of a restructuring process ahead of its separation from MSNBC and CNBC [1][10] - The initial layoffs have created anxiety within the newsroom, with speculation about further job cuts [2][4][7] - NBC News will cease collaboration with MSNBC, with journalists no longer appearing on the channel starting Monday [10] Group 2 - The restructuring is linked to Comcast's decision to spin off cable assets and digital brands into a new company called Versant, which will be publicly traded [11][12] - Versant will include major cable channels and digital properties, and will focus on independent programming after a transition period [12] - NBCUniversal, which retains NBC News, will concentrate on streaming, studios, and theme parks, while facing challenges such as declining cable profits and approximately $1 billion in debt [15][16]
Newsmax CEO Christopher Ruddy to Deliver Keynote Address at Maxim Group's 2025 Growth Summit
Accessnewswire· 2025-10-02 12:30
BOCA RATON, FL / ACCESS Newswire / October 2, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that the Company will participate in the Maxim Group 2025 Growth Summit taking place October 22-October 23, 2025, at the Hard Rock Hotel in New York City. Christopher Ruddy, Chief Executive Officer of Newsmax, will deliver the keynote address on October 23 and the Company's management will also be available for 1-on-1 meetings that day. ...
Is Wall Street responsible for a consumer spending boom?
Proactiveinvestors NA· 2025-10-01 16:02
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
Where Will Newsmax Stock Be in 1 Year?
The Motley Fool· 2025-09-30 01:21
Newsmax went public earlier this year, and its stock took off immediately. But the enthusiasm didn't last.Newsmax (NMAX -3.00%) stormed onto the public markets earlier this year, with its stock soaring more than 700% out of the gate. In subsequent sessions, it surged to an intraday peak of $265 a share. Investors believed there was some kind of connection between the media company and President Donald Trump, and that resulted in it trading like a meme stock.Newsmax runs a 24/7 news channel as well as other ...
ReconAfrica raises C$20.4m in share and warrant offering
Proactiveinvestors NA· 2025-09-29 14:13
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
American Resources unit expands rare earth refining in Indiana
Proactiveinvestors NA· 2025-09-26 13:17
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
Better Stock to Buy: Newsmax vs. The New York Times
The Motley Fool· 2025-09-25 07:25
Core Viewpoint - The comparison between Newsmax and The New York Times highlights the contrasting business models and financial performances of two media companies, with The New York Times being the more favorable investment option due to its profitability and growth metrics [1][12]. Business Model: Newsmax vs. The New York Times - Newsmax is a diversified media company with over 40 million viewers, primarily known for its linear cable channel and various digital platforms [4][5]. - The company generates revenue from cable subscriptions, advertising, and additional businesses such as nutraceuticals and insurance products [6]. - The New York Times has successfully transitioned to a digital-first model, with most of its revenue coming from digital subscriptions and advertising, despite challenges in digital ad profitability [7][8]. Financials: Newsmax vs. The New York Times - In Q2, Newsmax reported revenue of $46.4 million, an 18.4% increase year-over-year, but incurred an adjusted EBITDA loss of $3.8 million [9]. - The New York Times achieved revenue of $685.9 million in Q2, a 9.7% increase, with total subscribers rising to 11.9 million and an adjusted operating profit margin near 20% [10]. Valuation: Newsmax vs. The New York Times - Newsmax has a market cap of $1.15 billion and is not profitable, with a price-to-sales ratio of 9 [11]. - The New York Times, with a market cap of $9.5 billion, is profitable, trading at a lower price-to-sales ratio of 3.6 and a price-to-earnings ratio of 30, along with a dividend yield of 1.2% [11].
Fox says Newsmax is 'forum shopping' after antitrust case moves to Wisconsin
Reuters· 2025-09-22 22:56
Core Viewpoint - Fox Corp and its subsidiary Fox News have accused Newsmax of improperly filing a new version of its antitrust case against Fox in Wisconsin, following the dismissal of an earlier version by a judge in Florida [1] Group 1 - The new antitrust case by Newsmax is seen as a continuation of legal challenges against Fox Corp [1] - The dismissal of the previous case in Florida indicates potential weaknesses in Newsmax's legal strategy [1] - Fox Corp's response highlights ongoing tensions and competitive dynamics within the media industry [1]