Trump Media and Technology Group launched a Roku app for Truth+, offering family-friendly streaming content and news alternatives.
Quiver AI Summary
Trump Media and Technology Group Corp. (TMTG) has launched an app for Roku TVs that allows users to access the Truth+ streaming platform, which offers family-friendly programming and a conservative alternative to mainstream entertainment and news. The app is available in the Roku Channel Store and features live TV channels with plans to add Video on Demand content soon. The platform ensures user-friendly access through mobile phone sign-ins and offers various features such as live TV rewind and network DVR. TMTG CEO Devin Nunes emphasized that Truth+ serves as a trustworthy option amidst what they describe as biased media. Alongside this launch, TMTG plans to introduce apps for other connected TV platforms and is committed to enhancing its streaming technology for reliability and resiliency against censorship.
Potential Positives
- Successful launch of the Truth+ app for Roku TVs expands the company's streaming platform access to a larger audience.
- Truth+ provides a family-friendly alternative to mainstream entertainment, catering to a specific demographic that values non-woke content.
- The app features advanced capabilities like live TV rewind, catch-up TV, and multi-language support, enhancing user experience and engagement.
- Plans to release additional TV apps for platforms like Samsung and LG indicate growth potential for TMTG's streaming services.
Potential Negatives
- The press release's heavy reliance on forward-looking statements indicates a lack of certainty about the success and future performance of the Truth+ streaming platform and its planned expansion, which may create investor skepticism.
- The company's emphasis on its service being an alternative to "woke entertainment" and "discredited legacy news channels" may alienate a broader audience and limit its market potential.
- The planned rollout of new apps and features could imply that the current offerings may be incomplete or untested, raising questions about the immediate quality and reliability of the service.
FAQ
What is Truth+ streaming platform?
Truth+ is a family-friendly streaming service offering live TV and on-demand content, focusing on patriotic programming.
How can I access Truth+ on Roku?
The Truth+ app can be downloaded from the Roku Channel Store and accessed using a QR code or passcode.
What types of content does Truth+ provide?
Truth+ offers news broadcasts, documentaries, children’s programming, and entertainment, all curated for non-woke audiences.
Are there plans for more streaming apps from TMTG?
Yes, TMTG plans to launch Truth+ apps on additional platforms like Samsung and LG in the near future.
What technology powers Truth+ streaming services?
Truth+ uses a custom-designed multi-site Content Delivery Network (CDN) to provide ultra-fast streaming services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DJT Congressional Stock Trading
Members of Congress have traded $DJT stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $DJT stock by members of Congress over the last 6 months:
- REPRESENTATIVE MORGAN MCGARVEY has traded it 2 times. They made 1 purchase worth up to $15,000 on 11/06 and 1 sale worth up to $15,000 on 11/08.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$DJT Insider Trading Activity
$DJT insiders have traded $DJT stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $DJT stock by insiders over the last 6 months:
- PHILLIP JUHAN (CFO and Treasurer) has made 0 purchases and 5 sales selling 405,059 shares for an estimated $12,349,701.
- ERIC SWIDER has made 0 purchases and 3 sales selling 151,183 shares for an estimated $4,140,896.
- SCOTT GLABE (General Counsel and Secretary) sold 15,917 shares for an estimated $512,368
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DJT Hedge Fund Activity
We have seen 172 institutional investors add shares of $DJT stock to their portfolio, and 116 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 5,793,934 shares (+180.3%) to their portfolio in Q4 2024, for an estimated $197,573,149
- BLACKROCK, INC. added 1,088,520 shares (+40.7%) to their portfolio in Q4 2024, for an estimated $37,118,532
- CAPITAL FUND MANAGEMENT S.A. removed 1,008,126 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $34,377,096
- UBS GROUP AG added 980,212 shares (+5097.0%) to their portfolio in Q4 2024, for an estimated $33,425,229
- CITADEL ADVISORS LLC added 940,706 shares (+4241.2%) to their portfolio in Q4 2024, for an estimated $32,078,074
- GREENWICH WEALTH MANAGEMENT LLC removed 681,134 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $23,226,669
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To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SARASOTA, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG" or the "Company"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that it has successfully launched an app for Roku TVs to access the Truth+ streaming platform.
Now available in the Roku Channel Store, Truth+ offers family-friendly TV programming for patriotic Americans who want an alternative to woke entertainment corporations and biased news channels.
Truth+ provides reliable news broadcasts, entertainment, faith-based content, weather, documentaries, children's content, and more, featuring both live TV channels and Video on Demand (VOD). The Roku app will initially provide access to live TV channels, with VOD content to be added in the near future.
Currently available on iOS devices, Android devices, Apple TVs, Android TVs, Amazon Fire TVs, and on the Web, Truth+ offers features including live TV rewind with visual thumbnails, catch-up TV for up to seven days, network DVR, and a Spanish language interface option.
Roku TV owners can now download the Truth+ app directly to their TV sets from the Roku Channel Store, then sign in by using their mobile phones to scan a QR code from their TV sets or by using a passcode. Users without a Truth Social account can create one during the sign in process.
"We’re bringing Truth+ to Roku and planning to release more TV apps soon," said TMTG CEO and Chairman Devin Nunes. "Truth+ is the singular option for non-woke TV and movies, as well as a great alternative to discredited legacy news channels that have squandered the trust of the American people."
In the near future, TMTG plans to introduce Truth+ native apps for additional connected TV platforms including Samsung and LG.
TMTG anticipates that, as the rollout progresses, the Company will continue to stress and beta test the streaming technology while collecting input from users and to announce when testing is finished and the rollout is complete.
TMTG's ultra-fast streaming technology is powered through its custom-designed, multi-site Content Delivery Network (CDN) using the Company's own servers, routers, and software stack, created with the goal of rendering the service uncancellable by Big Tech.
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 potential merger & acquisition activity, the rollout of products and features, the future plans, timing and potential success of the streaming services and the launch and success of our financial services and FinTech platform. 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," "soon," "goal," "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.
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, as well as Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content. TMTG is also launching Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles.
Investor Relations Contact
Shannon Devine (MZ Group | Managing Director - MZ North America)
Email:
shannon.devine@mzgroup.us
Media Contact
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