| Investment Alert—
Newsmax Signs With Hulu + Live TV for Carriage
Newsmax Inc. (NYSE: NMAX) Thursday announced the filing of an 8-K notice with the Securities and Exchange Commission.
The company informed the SEC of the following:
- Newsmax Inc. has entered into a multiyear agreement for distribution of its cable channel, Newsmax, on Hulu + Live TV.
- The Hulu + Live TV deal means Newsmax now has carriage agreements with every top pay TV operator in the U.S.
- The addition of the network to Hulu + Live TV’s channel line-up will put Newsmax in approximately 60 million U.S. households — on par with other major news networks such as CNN and Fox News.
- The Newsmax channel is expected to launch on Hulu + Live TV in July.
Newsmax will notify its shareholders, viewers, and the public when its channel begins airing on Hulu+ Live TV this summer.
See More: Newsmax Share Information
FORWARD-LOOKING STATEMENTS: This communication contains forward-looking statements. The Company bases these forward-looking statements on its expectations and projections about future events, which it derives from the information currently available to it. Such forward-looking statements relate to future events or its future performance, including: its financial performance and projections; growth in its revenue and earnings; and the Company’s business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: the Company’s ability to change its direction; its ability to keep pace with new technology and changing market needs; and the competitive environment of its business. These and other factors may cause the Company’s actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this communication may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about the Company. The Company is not obligated to publicly update or revise any forward-looking statement. |
