Newsmax TV
Prof. Dershowitz: Newsmax ‘Very Important’ for Balanced TV News
It provides an alternative to left-wing media, but isn’t afraid to air a variety of views.
H BY MARISA HERMAN
arvard law professor emeritus Alan Dershowitz may be “conflicted” when it comes to who he will be vot-
ing for on Election Day, but the leading constitutional law attorney isn’t torn over which media outlet he turns to when news breaks. A viewer and
DERSHOWITZ
frequent on-air contributor to Newsmax TV, Dershowitz calls
Newsmax a “very important outlet” to the media landscape. “It provides an alternative analysis
and news source to ‘Pravda,’” he said, comparing the “established left-wing media” to the Soviet communist daily. While the traditional media outlets
— including CNN, MSNBC, and The New York Times — present “only one perspective,” Dershowitz says News- max is “perfectly willing to hear a vari- ety of points of view they don’t agree with.” Despite identifying as a lifelong
Democrat, Dershowitz said he was essentially “canceled” by left-leaning
media outlets that simply “don’t want their listeners to hear my point of view.” “MSNBC, CNN would never have
me on,” he said. “A lot of people want to hear my voice, and I am happy to have alternative outlets.” Dershowitz was first drawn to News-
max when he realized it was the only channel giving the “full picture” on both the news of the day and hot but- ton issues. He said Newsmax CEO Chris Ruddy
“has done an incredible and effective job in turning Newsmax into a power- ful and important presence. He is one of the most important people in media today.” Even though Dershowitz may not be completely aligned politically with all the guests featured on Newsmax, over time he gradually found himself watch- ing and appearing on various Newsmax programs. While all Newsmax hosts are eager
to have Dershowitz on their shows to offer his professional opinion on the most pressing legal issues, there is one on-air talent he never refuses — Greta Van Susteren. “I never say no to Greta. She is my go-to person when I get called.”
New Chapter in N
ewsmax Inc. is pleased to announce that it will seek to
become a public company later this year or in early 2025 with a listing on Nasdaq or the New York Stock Exchange. In preparation for this
contemplated initial public offering, Newsmax is launching a private placement seeking to raise up to $225 million. The company has posted
36 NEWSMAX | AUGUST 2024
Success Story Company seeks to raise up to $225 million from investors.
an investor presentation on
Newsmax.com outlining the planned placement. It has already reserved the ticker NMAX. News of the offering
garnered widespread coverage in major media. The Wall Street Journal
cited Newsmax’s plan to raise capital in both private and public markets, seeking to be listed on Nasdaq or the NYSE by the end of this year or in
early 2025. Axios highlighted
Newsmax’s genesis, starting as a digital property in 1998 founded by CEO Christopher Ruddy. “The public markets are
brutal for media companies right now, but Newsmax is betting it can buck that trend by leaning into the retail investor interest surrounding Donald Trump’s firm,” Axios said.
Newsmax says it expects
to make revenues of $180 million to $200 million in 2024, promising significant growth in years ahead. Financial news service
MarketWatch headlined its story “Newsmax plans to go public in deal expected to raise $75 million.” Yahoo Finance published a similar report. Ratings service
Morningstar also reported on Newsmax’s plan to make
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