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        <title><![CDATA[Newsmax chief denies interest in becoming &#8216;Trump TV&#8217;]]></title>
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        <link>https://usagag.com/2020/11/16/newsmax-chief-denies-interest-in-becoming-8216-trump-tv-8217/</link>
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            <media:title type="html">Newsmax chief denies interest in becoming &#8216;Trump TV&#8217;</media:title>
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						<p>Newsmax reportedly doesn&#8217;t want to become the seat of President Trump&#8217;s prospective media empire — but it wouldn&#8217;t turn down the chance to put him on the air once he&#8217;s out of office.</p>
<p>Newsmax CEO Christopher Ruddy threw cold water on reports that the right-wing cable channel could be acquired by a Trump-aligned private equity firm that&#8217;s interested in challenging Fox News&#8217;s dominance in conservative TV.</p>
<p>&#8220;Newsmax would never become ‘Trump TV,'&#8221; <strong>Ruddy told Variety</strong> on Sunday. &#8220;We have always seen ourselves as an independent news agency, and we want to continue with that mission.&#8221;</p>
<p>However, Ruddy noted that Trump &#8220;is going to be a political and media force after he leaves the White House, and we would be open to talking to him about a weekly show.&#8221;</p>
<p>The comments came after <strong>The Wall Street Journal reported</strong> that Hicks Equity Partners — an outfit run by Trump backer Thomas Hicks, whose son Thomas Hicks Jr. co-chairs the Republican National Committee — had recently held talks about &#8220;acquiring and investing in&#8221; Newsmax.</p>
<p>Newsmax has reportedly gotten an influx of new Trump-supporting viewers rankled by Fox&#8217;s decision to call the presidential race for Joe Biden as the president made baseless claims that the election had been stolen.</p>
<p>Ruddy told Variety that the network is &#8220;not actively selling&#8221; despite having received interest from &#8220;investors, investment banks and strategic players.&#8221; He said he&#8217;s had occasional conversations with Thomas Hicks over the years because they run in similar circles, but there&#8217;s &#8220;no deal&#8221; between Newsmax and Hicks&#8217;s firm.</p>
<p>However, Ruddy is keen to take on Fox despite his fledgling channel&#8217;s long odds at winning that battle. Newsmax had an average of 223,000 primetime viewers during the week of the election, which was a huge surge for the network but nowhere near Fox&#8217;s average of nearly 6 million.</p>
<p>&#8220;Our main focus is continuing: We would like to overtake Fox News in the next 12 months, and I think it’s do-able,&#8221; Ruddy told Variety.</p>
<p>Asked on an Election Day earnings call about the prospect of Trump starting his own news network, Fox Corporation CEO Lachlan Murdoch <strong>said</strong> the company has &#8220;always thrived with competition.&#8221; Murdoch is also co-chairman of News Corp., Fox&#8217;s sister company that owns The Post.</p>
			
					
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