this post was submitted on 18 Jun 2024
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Newsmax Lost $42 Million Last Year. Can an IPO Save The Network From Death By Dominion? (www.mediaite.com)
submitted 1 week ago by jeffw to c/business
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[–] thesporkeffect 9 points 1 week ago (1 children)

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

[–] partial_accumen 15 points 1 week ago* (last edited 1 week 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.

[–] RampantParanoia2365 3 points 1 week ago

My answer is no, they cannot.