Newsmax and Trump Media face challenges as they navigate legal issues and fluctuating valuations. Newsmax operates TV and digital channels, reaching 40 million Americans. However, it faced criticism for spreading conspiracy theories and settled a lawsuit with Smartmatic for $40 million. In 2024, Newsmax’s revenue increased to $171 million, but its net loss widened to $72 million. Trump Media, focusing on Truth Social, reported a revenue decline to $3.6 million in 2024 with a net loss of $401 million. In the first quarter of 2025, Newsmax’s revenue rose by 12% to $45 million, while Trump Media generated $821,000 in revenue. Newsmax is valued at $1.85 billion, while Trump Media is worth $5.13 billion, making Newsmax appear more reasonably priced.

Read more at Yahoo Finance: Better Trump-Connected Meme Stock: Newsmax vs. Trump Media