Trump Media & Technology Group Announces Successful Launch of Content Delivery Network
August 05 2024 - 7:30AM
Trump Media & Technology Group (Nasdaq: DJT) (“TMTG” or the
“Company”), operator of the social media platform Truth Social,
announced today that it has successfully launched its custom-built
content delivery network (“CDN”), and linear TV streaming is now
available to all Truth Social users on the Web version of Truth
Social, truthsocial.com.
For Truth Social Web users, a Truth+ streaming icon now provides
access to the streaming service. By clicking the icon, users can
access streaming content as stand-alone channels or in a separate
picture-in-picture (“PiP”) window while scrolling on the Truth
Social platform.
“We’re thrilled to announce our CDN is successfully operating
through our first data center, as we work to bring additional data
centers into operation,” said TMTG CEO Devin Nunes. “We’re working
to create an uncancellable infrastructure network—both hardware and
software—that is owned and operated by TMTG. Truth Social is
determined to become the unassailable fortress of free speech on
the Internet.”
The launch of its CDN is part of TMTG’s phased rollout of its
streaming platform, Truth+. As the Company continues to stress test
the streaming service, it next plans to introduce TV streaming on
the Android and iOS versions of Truth Social.
In the subsequent phase, the Company plans to introduce
streaming apps integrated with the Truth Social platform that will
offer cutting-edge 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 unveil apps that allow users to
watch streaming content on in-home TV sets.
TMTG plans to expand its streaming options as the rollout
continues, focusing on news, Christian content, and family friendly
programming.
TMTG anticipates that, as the rollout progresses, it will
continue stress and beta testing the streaming technology while
collecting input from users—and announce when testing is finished
and the rollout is complete.
As part of its strategy, TMTG is continuing to work toward
closing the previously-announced perpetual licensing deal for CDN
technology.
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, consistent with the goal of 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.
Trump Media and Technology (NASDAQ:DJT)
Historical Stock Chart
From Dec 2024 to Jan 2025
Trump Media and Technology (NASDAQ:DJT)
Historical Stock Chart
From Jan 2024 to Jan 2025