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Tag: media regulation
Trump Media’s Financial Revival and Expansion: Navigating Legal, Political, and Societal Implications
In the first quarter of 2025, Trump Media & Technology Group (TMTG) reported a significant reduction in net losses, marking a pivotal moment in its financial trajectory. The company, known for its flagship social media platform Truth Social, disclosed a net loss of $31.7 million, a substantial improvement from the $327.6 million loss reported in the same quarter of the previous year . This financial turnaround coincides with TMTG's strategic diversification into financial technology (fintech) through the launch of Truth.Fi and plans to introduce a subscription-based streaming service, Truth+ .