❓WHAT HAPPENED: Newsmax CEO Christopher Ruddy announced his readiness to sue if the Federal Communications Commission removes a rule limiting local TV station ownership.
👤WHO WAS INVOLVED: Christopher Ruddy, Federal Communications Commission, National Association of Broadcasters, Nexstar Media Group.
📍WHEN & WHERE: Remarks made at a U.S. Senate Commerce Committee hearing.
💬KEY QUOTE: “I believe that it’s a blatant violation of congressional law…” – Christopher Ruddy
🎯IMPACT: Potential legal battle over FCC’s authority and implications for TV ownership rules.
Newsmax founder and CEO Christopher Ruddy stated his willingness to litigate if President Trump’s Federal Communications Commission (FCC) decides to lift a rule limiting the number of local TV stations a single company can own. This rule currently restricts the reach to no more than 39 percent of the American viewing audience.
Ruddy made these comments during prepared remarks before the U.S. Senate Commerce Committee, where he also took aim at the FCC’s hostility towards late-night host Jimmy Kimmel.
He emphasized that the ownership cap was established by the Communications Act, passed by Congress, and that only federal lawmakers have the authority to eliminate it.
The FCC is considering removing this ownership cap, with Chairman Brendan Carr hearing from both sides on the matter.
Senator Ted Cruz, who organized the hearing, showed understanding towards Ruddy’s concerns, calling him a good friend. Ruddy has been a major donor to Cruz, who is believed to be gearing up for a 2028 presidential run. Ruddy has also previously donated to Hillary Clinton and once pledged $1M to the Clinton Foundation.
He has been lobbying President Trump to take his side on the matter, which is motivated by protecting Newsmax’s market share. His position, however, has proved deeply unpopular with both Democrats and Republicans.