Trump Media’s revenue remains very tiny as it launches Truth+ streaming | CNN Business

New York CNN  — 

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

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