Posted on 04/16/2024 3:57:58 AM PDT by RandFan
Shares of Trump Media and Technology Group Corp. bounced Tuesday, after the social-media platform Truth Social laid out its plan to launch a new live TV streaming network.
The stock DJT, -18.35% gained 1.5% in premarket trading, after sinking 18.4% on Monday after disclosing a share offering, to close at a three-month. It had plummeted 59.8% since it closed a postmerger high of $66.22 on March 27.
On Tuesday, the Trump Media said it has completed the research and development phase for the launching of its content-delivery network (CDN).
“With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery services,” said Chief Executive Devin Nunes. “There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be canceled.”
(Excerpt) Read more at marketwatch.com ...
“There is a lot of great content that simply can’t find an audience for unjust reasons, and we want to let these creators know they’ll soon have a guaranteed platform where they won’t be canceled.”
...makes me sad that this is even necessary.
Market competition, it can’t only be Daily Wire. And brands that chose to go worship in a cult can die out theough natural selection.
Good, Maybe now I may have an alternative by which I may leave Fubo, which concentrates WAY too much on sports programming. Only reason I have Fubo, is that it includes a lot of news and opinion programming not available on Directv or Sling.
I’m referring to Freedom of the Press. It’s dead. Unless you follow the narrative.
It’s going to get worse, as the corrupt FCC tries to gag and destroy Conservative viewpoint stations and shows, with a neverending stream of their BS regulations.
this is a good news. seems like the pre-marker is up +2%
maybe this will turn the tide.
Make a movie
GREAT news!
The “free press” we grew up with was a product of WWI and WWII. Prior to the 20th century all media outlets were biased to their parties. When you see a paper with the title “Democrat” or “Republican” that was their bias back when they were founded.
The whole “print the truth without bias” stuff is an aberration in American history. The explosion of different media outlets since the start of the internet has pushed us back to those times.
Back then, people were able to discern between “news” and “opinion.” People were able to read a story and actually think about where the facts ended and option started. It seems that lots of folks today cannot do that.
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