THE SAVAGE NATION
NEWSMAX CEO TALKS ABOUT TRUMP'S CURRENT MINDSET, THE CAMPAIGN, & WHY HE IS TAKING NEWSMAX PUBLIC - #756
Aug 15, 2024
Christopher Ruddy, the CEO of Newsmax, dives into Trump's campaign strategy and the upcoming election dynamics. He emphasizes the need for Trump to highlight his business success to counter Kamala Harris. Their conversation covers Ruddy's recent trip to San Francisco, expressing concerns about the city's decline, which they connect to broader political issues. Ruddy also discusses Newsmax's decision to go public and the potential for audience engagement through investments in the growing media company. Expect humor mixed with straightforward political critique!
30:33
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Quick takeaways
- Christopher Ruddy emphasizes Trump's campaign strategy should focus on his business and policy successes instead of personal attacks to win the election.
- The decision to take Newsmax public reflects a commitment to enhancing diverse media representation and attracting investment in alternative journalism approaches.
Deep dives
Expansion of Newsmax and Public Offering Plans
Newsmax is seeing significant growth as it positions itself as a competitor in the media landscape. The company plans to go public, aiming to raise funds through an initial public offering (IPO), which is expected to attract thousands of investors who resonate with its mission of providing alternative media. This strategic decision reflects the belief that a larger, publicly traded media entity is vital for fostering diverse viewpoints in American journalism. With a current reach of about 40 million people each month, Newsmax aims to solidify its status as the fourth highest-rated cable news channel and is set to offer shares to the public by later this year or early next year.
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