<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
  <headerData>
    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>true</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
      <filer>
        <credentials>
          <cik>0001044797</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2026</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>03-31-2026</reportCalendarOrQuarter>
      <filingManager>
        <name>NEW SOUTH CAPITAL MANAGEMENT INC</name>
        <address>
          <com:street1>999 S. SHADY GROVE ROAD</com:street1>
          <com:street2>SUITE 501</com:street2>
          <com:city>MEMPHIS</com:city>
          <com:stateOrCountry>TN</com:stateOrCountry>
          <com:zipCode>38120</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-03425</form13FFileNumber>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>The manager identified on the following Summary Page are accounts placed with us through the Thomas Weisel Partners Investment Management Consulting Program.  Although discretionary responsibility for the accounts is with us, Thomas Weisel Partners retain the responsibility for reporting these securities on their 13F if the size of a particular holding triggers 13F filing requirements. </additionalInformation>
    </coverPage>
    <signatureBlock>
      <name>David Newman</name>
      <title>Vice President</title>
      <phone>901-761-5561</phone>
      <signature>David Newman</signature>
      <city>Memphis</city>
      <stateOrCountry>TN</stateOrCountry>
      <signatureDate>05-12-2026</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>1</otherIncludedManagersCount>
      <tableEntryTotal>75</tableEntryTotal>
      <tableValueTotal>2086972487</tableValueTotal>
      <isConfidentialOmitted>false</isConfidentialOmitted>
      <otherManagers2Info>
        <otherManager2>
          <sequenceNumber>4</sequenceNumber>
          <otherManager>
            <cik>0000948905</cik>
            <name>STIFEL NICOLAUS &amp; CO INC \MO\</name>
          </otherManager>
        </otherManager2>
      </otherManagers2Info>
    </summaryPage>
  </formData>
</edgarSubmission>
