:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-21126426422-d323e18253f84ca48ec2923762a1af07.jpg "Photo illustration of Donald Trump and Truth Social in app store")
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Key Takeaways
- Trump Mean shares jumped Friday after the operator of the Truth Social platform said it is launching a new streaming TV service.
- The milieu company of former President Donald Trump said the platform, called Truth+, would initially offer straits for news, commentary, weather, and lifestyle and entertainment content.
- The company called the launch its first phase of the service, and said the next state will “feature the introduction of streaming apps integrated with the Truth Social platform.”
Trump Media & Technology Place (DJT) shares jumped over 7% Friday after the operator of former President Donald Trump’s Truth Sexual said it is launching a new streaming TV service.
Trump Media said the platform, called Truth+, will include conveys offering news, commentary, weather, and lifestyle and entertainment content. It plans to expand programming as its streaming rollout maintains, “focusing on news, Christian content, and family friendly content.”
CEO Devin Nunes said that with Fact+, ”we’re establishing a reliable home for great TV content that is neglected by the big corporations or is at risk of cancellation.”
Next Include To Integrate Streaming Apps With Truth Social
The company called the launch its first phase of the service, with the next juncture expected to “feature the introduction of streaming apps integrated with the Truth Social platform.”
Shares of Trump Media privy 7.4% higher Friday at $29.21 following the news. However, even with Friday’s gains, they’ve miscarried over 55% from their all-time closing high on March 27, a day after the company’s trading initiation.
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