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  • 6 months ago
Trump Media & Technology Group, owner of Truth Social and its streaming arm Truth+, has entered a global content partnership with conservative network Newsmax.
Transcript
00:00Trump Media and Technology Group, owner of Truth Social and its streaming arm Truth Plus, has entered a new global content partnership with conservative network Newsmax.
00:10Trump, via a trust through his sons, and Newsmax CEO Chris Ruddy stand to benefit financially, raising ethical concerns to some about media influence and conflicts of interest.
00:21The new strategic alliance has boosted both companies' stocks, with Trump Media appreciating roughly 2 percent and Newsmax soaring over 9 percent.
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