Trump Media & Technology Group Begins TV Streaming Rollout
August 02 2024 - 8:34AM
Trump Media & Technology Group (Nasdaq: DJT) (“TMTG” or the
“Company”), operator of the social media platform Truth Social,
announced today that the Company has commenced the phased rollout
of its streaming platform, Truth+.
Today, TMTG begins moving existing beta testing of its Truth
Social linear TV streaming to the Company’s new content delivery
network (“CDN”). After rigorous stress testing, the initial
streaming service is expected to become available to all Truth
Social users on the Web, followed shortly by its rollout on Android
and iOS.
Once the CDN is deployed and tested, a Truth+ streaming icon on
the Truth Social platform will provide access to the streaming
service. By clicking the icon, users will be able to access
streaming content as stand-alone channels or in a separate
picture-in-picture (“PiP”) window while scrolling on the Truth
Social platform. iOS users will need to update their Truth Social
app to access streaming. No updates or downloads will be required
for Android or Web users.
The initial slate of streaming options is expected to include
channels comprising news, commentary, weather, and lifestyle and
entertainment. TMTG plans to expand programming as its streaming
rollout continues, focusing on news, Christian content, and family
friendly content. As part of its strategy, TMTG is continuing
to work toward closing the previously announced perpetual licensing
deal for CDN technology.
“First, we created Truth Social to provide a safe harbor for
free speech on the Internet,” said TMTG CEO Devin Nunes. “Now,
we’re establishing a reliable home for great TV content that is
neglected by the big corporations or is at risk of cancellation—and
we are securing our own tech stack and hardware infrastructure to
make our new CDN uncancellable. I look forward, in the near future,
to launching many enhancements and adding great, new content to the
platform.”
The introduction of these channels is the initial phase of Truth
Social’s TV streaming platform. The next phase is expected to
feature the introduction of streaming apps integrated with the
Truth Social platform that will offer enhanced features, including
an interactive 14-day electronic guide, instant catch-up TV on any
show broadcast in the previous 7 days, network DVR, video on
demand, and more. Following that, TMTG plans to introduce apps that
provide the ability to watch streaming content on in-home TV
sets.
TMTG’s ultra-fast streaming technology will be powered through
specially designed infrastructure with its own servers, routers,
and proprietary software stack. Thus, TMTG will gain full control
over its tech delivery stack for streaming across private network
CDN, rendering the service uncancellable by Big Tech.
About TMTG
The mission of TMTG is to end Big Tech’s assault on free speech
by opening up the Internet and giving people their voices back.
TMTG operates Truth Social, a social media platform established as
a safe harbor for free expression amid increasingly harsh
censorship by Big Tech corporations.
Investor Relations Contact
Shannon Devine (MZ Group | Managing Director - MZ North America)
Email: shannon.devine@mzgroup.us
Media Contact
press@tmtgcorp.com
Cautionary Statement About Forward-Looking
Statements
This press release includes forward-looking statements
regarding, among other things, the plans, strategies, and
prospects, both business and financial, of TMTG. We have based
these forward-looking statements on our current expectations and
projections about future events, including the future plans and
potential success of the streaming services under the CDN. Although
we believe that our plans, intentions, and expectations reflected
in or suggested by these forward-looking statements are reasonable,
we cannot assure you that we will achieve or realize these plans,
intentions, or expectations. Forward-looking statements are
inherently subject to risks, uncertainties, and assumptions.
Generally, statements that are not historical facts, including
statements concerning possible or assumed future actions, business
strategies, events, or results of operations, are forward-looking
statements. These statements may be preceded by, followed by, or
include the words “believes,” “estimates,” “expects,” “projects,”
“forecasts,” “may,” “will,” “should,” “seeks,” “plans,”
“scheduled,” “anticipates” or “intends” or similar expressions.
Forward-looking statements are not guarantees of future
performance, and involve risks, uncertainties and assumptions that
may cause our actual results to differ materially from the
expectations that we describe in our forward-looking statements.
There may be events in the future that we are not accurately able
to predict, or over which we have no control.
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