Former National Enquirer Editor Steve Coz Moves To Newsmax
Right-leaning magazine Newsmax has been able to accomplish something quite rare in its industry these days: it has grown by double digits in the past few years. And with that growth came need for a new editorial director. Enter Steve Coz, formerly of American Media (which owns The National Enquirer and Star, among other magazines) and current head of consulting firm Coz Media.
The New York Post‘s Media Ink column breaks down Newsmax‘s growth by the numbers:
Chief Christopher Ruddy said the company hit revenue of $51 million in 2010, up 50 percent from $34 million a year earlier. He wouldn’t disclose actual profits or losses, but said the company has been profitable on an annual basis since 2002, and that it made money again in 2010.
Coz will oversee Newsmax Media’s online and print publications, placing emphasis on the magazine’s 60+ readers – an important segment among media consumers given, as Ruddy points out, that it is projected to grow by 50 percent within the next decade.
Under Coz, the news magazine will continue steering “a moderate Republican course” for its right-leaning readers.
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