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Bullboard - Stock Discussion Forum Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal... see more

NDAQ:DJT - Post Discussion

Trump Media & Technology Group Corp > Another good read from nyt
View:
Post by a2bman on Aug 08, 2024 9:22am

Another good read from nyt

Explains why truth social will never make it.

https://www.nytimes.com/2024/08/08/technology/trump-truth-social-ads.html
Comment by KozmoT on Aug 08, 2024 10:54am
This part about DJT was telling ... "In the first three months of the year, Trump Media lost $327.6 million and generated just $770,000 in revenue, all of it from ads. ... Trump Media’s reliance on ads from right-wing merchandisers could prevent it from expanding, experts said. In June, Truth Social had about 448,700 monthly active users in the United States, a small fraction ...more