Former President Donald Trump’s social media business is making a big bet on streaming as the rest of the company brings in shockingly little money.
Even though Trump Media & Technology Group (DJT) is valued at $5 billion, the Truth Social owner revealed Friday evening it made just $837,000 in revenue last quarter. That marks a 30% drop from the year before.
Trump Media’s losses are piling up, too. The company lost another $16.4 million during its first full quarter as a public company.
But Trump Media is hoping to
→ Continue reading at CNN - Business News