Trump Media, the parent company of Donald Trump's Truth Social, debuted on the Nasdaq stock exchange in March.
Trump Media & Technology Group, the parent company of Donald Trump 's Truth Social network, reported a net loss of $327.6 million, with total revenue at $770,500 in its first fiscal quarter.
TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform. "We are particularly excited to move forward with live TV streaming by developing our own content delivery network, which we believe will be a major enhancement of the platform," Nunes added.in three phases, the first for Android, iOS, and Web. The second would roll out as stand-alone apps for phones, tablets and other devices. The last phase would launch for home television.
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