Financial Times: Newsmax’s Rise Is Credible, Profits Could Boom

Left-wing media doesn’t like Newsmax’s IPO success, but Britain’s respected Financial Times (FT) is telling global investors that Newsmax is a real business that does indeed threaten Fox News and other legacy media.

On Wednesday the Times headlined: “Meet Newsmax, a Trump-Adjacent Business with Credible Prospects.”

The paper claimed that even if cable was declining Newsmax could “generate a lot of cash” from advertising and subscriptions.

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