Reality Social, the social media platform owned by Donald Trump’s media firm, has introduced plans to launch a dwell TV streaming platform. The platform will concentrate on “news networks” and “religious channels,” together with “other content that has been cancelled, is at risk of cancellation, or is being suppressed on other platforms and services,” in keeping with a press launch. The service will even function “family-friendly” content material, together with movies and documentaries.
The streaming service will launch in three phases. The corporate first plans to introduce Reality Social’s CDN (content material supply community) for streaming to the Reality Social app for Android, iOS and the online. Subsequent, Reality Social plans to launch over-the-top (“OTT”) streaming apps for telephones, tablets and different units. The final part of the rollout entails the launch of a streaming app for TVs.
The Trump Media & Know-how Group (TMTG) says it has examined the streaming service on its internet and iOS platforms for six months and has “finished the research and development phase.”
“We’re excited to move forward with the next big phase for Truth Social,” mentioned TMTG CEO Devin Nunes within the press launch. “With our streaming content, we aim to provide a permanent home for high-quality news and entertainment that face discrimination by other channels and content delivery services.”
The announcement comes as Elon Musk’s X has been centered on attempting to show the social media web site right into a free-speech “video-first” platform. The social community at present options an unique present hosted by former congresswoman Tulsi Gabbard and one other by former Fox Sports activities host Jim Rome. Final month, Musk canceled a talkshow deal with former CNN anchor Don Lemon after the multibillionaire was interviewed for the primary episode of the present.
Reality Social went public last month after shareholders authorized a merger of TMTG and Digital World Acquisition, a particular function acquisition firm (SPAC). The corporate’s inventory slumped this week after it mentioned it might sell more shares to boost money. Though the corporate is value billions of {dollars}, TMTG is struggling to generate profits: It reportedly had a net loss of round $49 million in 2023 and made just below $4 million in income.
