Former President Donald Trump’s media company announced the launch of a streaming platform Tuesday morning.
Trump Media & Technology Group (TMTG), the parent company of social media platform Truth Social, went public after shareholders approved a merger with Digital World of Acquisition Corporation (DWAC) in March. Trump’s media company detailed its plans to roll out its “new live TV streaming platform” in an email announcement.
“Trump Media & Technology Group Corp. (NASDAQ:DJT) (‘TMTG’ or the ‘Company’), operator of the social media platform Truth Social, announced today that after six months of testing on its Web and iOS platforms, the Company has finished the research and development phase of its new live TV streaming platform and will begin scaling up its own content delivery network (‘CDN’),” the announcement reads.
Breaking: Trump’s Truth Social formally launching video streaming platform https://t.co/e31Q8EKi9G
— John Solomon (@jsolomonReports) April 16, 2024
Trump’s streaming platform will be introduced in three phases, the announcement states. First, it will appear on the Truth Social app. Next, the streaming app will become available separately for download on phones, tablets and additional devices. Phase three of its rollout will encompass Trump’s streaming platform becoming available for download as an app on TVs. (RELATED: Fox Host Stuart Varney Predicts Dire Future For Trump’s ‘Meme Stock’ If Biden Wins)
Trump’s streaming service will host content “that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” the announcement reads. Genres of content include “news networks, religious channels, [and] family-friendly content including films and documentaries.”
Trump first announced the launch of Truth Social in October 2021, describing his social media platform as a competitor of Big Tech companies. Truth Social went live in Apple’s App Store in February 2022. However, many users attempting to make an account on the platform were initially waitlisted in a queue consisting of hundreds of thousands of people.