As Newsmax hurtles towards two major defamation trials over its coverage of the last presidential election, the conservative cable news network is pinning its hopes of survival on an audacious plan to go public.
  • thesporkeffect@lemmy.worldEnglish
    9·
    10 days ago

    Article implies they want viewers to invest, but isn’t this just a way to sell themselves to Sinclair or something?

    • partial_accumen@lemmy.worldEnglish
      15·
      10 days ago

      I would be fine with Sinclair taking on the burden of Newsmax. If Newsmax continues on its libelous ways it will bankrupt this new Sinclair/Newsmax unholy chimera. Society at large would benefit from that.