According to filings with the U.S. Securities and Exchange Commission, Newsmax is raising up to $225,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Christopher Ruddy played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Newsmax
Newsmax Media, Inc., or Newsmax, is a multi-media broadcasting and digital publishing company founded in 1998. The Company has prospered for over two decades, focusing on providing Americans with news and information that helps them make decisions and improve their lives. A multi-platform media company focusing on Americas Baby Boomers, Newsmax reaches each month as many as 25 million heartland Americans. Newsmax reaches these Americans through: Newsmax TV in over 65 million U.S. cable homes on DIRECTV (Ch. 349), XFINITY (Ch. 1115), DISH (Ch. 216), AT&T U-VERSE (Ch. 1220), VERIZON FiOS (Ch. 616), and SPECTRUM (see channels on www.newsmaxtv.com/findus) Newsmax.com visited by 10 million or more unique visitors monthly Newsmax Feed Network carried on 2,000 partner websites reaching over 60 million unique visitors monthly Newsmax Email Alerts received by 6 million opt-in subscribers Newsmax Magazine plus 17 health/financial newsletters with one million readers. With headquarters in Boca Raton, Florida, New York City and Washington DC, the Company employs approximately 375 people. Mission: To provide compelling and topical content that informs Americans, helping them to better their lives and strengthen our freedom.

To learn more about Newsmax, visit http://www.newsmax.com/
Company Linkedin Page: https://www.linkedin.com/company/newsmax-media-inc-/

Contact:
Christopher Ruddy, Chief Executive Officer
561-686-1165
https://www.linkedin.com/in/christopherruddy/

SOURCE: http://www.intelligence360.io
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