On July 7, Trump Media & Technology Group launched its TV streaming platform, Truth+, globally. The platform features the cable channel Newsmax to support the company’s expansion.
This move also allows conservative news outlet Newsmax, which went public in March, to increase its presence outside the United States.
Users can now access streaming channels and on-demand video through Truth+ apps on iOS, Android, web, and connected TV platforms, including Apple TV, Android TV, Amazon Fire TV, and Roku, as announced by Trump Media.
The company initiated beta testing for the global rollout of Truth+ in late June and will continue to refine the streaming technology based on user feedback.
Following the launch, shares of Trump Media & Technology Group rose by about 0.6% to $19.06, while Newsmax shares saw a decline of 2.6% to $14.65 in morning trading.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)
