Trump media launches TV streaming platform with Newsmax
The news: US President Donald Trump’s Trump Media and Technology Group (TMTG) has launched a global TV streaming platform called Truth+.
The context: TMTG said that the move will allow Newsmax, a conservative US news outlet, to expand its presence beyond the US.
A TMTG press release published on Monday said that streaming channels and video on demand content are now available on Truth+ apps for iOS and Android devices, the Web, and on Truth+ apps for Apple TV, Android TV, Amazon Fire, and Roku connected TVs.
TMTG, which also operates Truth Social, began beta testing the global rollout of Truth+ in late June.
What they said: Trump Media's CEO and chairman Devin Nunes said, "We're gratified by the fast introduction of Truth+ to international markets and look forward to completing the rollout across all devices and operating systems. I'd like to thank Newsmax in particular for partnering with Trump Media for this expansion, which will bring the network's unique programming to major new markets.
“There is clearly a need globally for fresh perspectives on the great issues of our day, and we're laying the groundwork to challenge the woke news monolith with hard-hitting, non-woke reporting and commentary."
The numbers: Shares in TMTG and Newsmax slid over 1% and 3.5% respectively on the news.
The sources: TMTG press release, Reuters