Newsmax CEO Christopher Ruddy on Tuesday sought to quell speculation that it would become a Trump-branded network after President Donald Trump leaves the White House. While telling CNBC he’s friends with Trump, Ruddy said, “I think they’re reading into it a little too much.”
Newsmax may be focused on conservative audiences, but it has very liberal views of where its business can go in the future as an independent news operation. The top executive of the news outlet said the company intends to move forward on its own, and noted Newsmax has little desire to turn the network, which has seen its ratings pop since the presidential election, into a TV outlet focused largely on a forum for a post-White House Donald Trump.
Newsmax CEO Christopher Ruddy: “While President Trump has been condemning “fake news,” his very own FCC is pursuing policies that will lead to the greatest concentration of television media power in history.”
FCC Chairman Ajit Pai has told an opponent of Sinclair Broadcast Group Inc.’s proposed purchase of Tribune Media that the agency may review media ownership rules before ruling on the $3.9 billion deal, something that could delay a decision on the merger.