Trump Media scales back expansion, focuses on paid Truth API for breaking news

DJT Trump Media & Technology Group Corp

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1. 1Trump Media has largely wound down its expansion efforts and refocused on its original media business, selling paid high-speed access to presidential posts.
2. 2New CEO McGunn said high-frequency trading firms and others have already subscribed, paying $60,000–$100,000 per month each, with 10 sign-ups within the first week of launch.
3. 3Annual revenue is projected at $7 million–$12 million, equivalent to 2–3 times last year's total sales, while Democrats and watchdog groups are raising ethical concerns.

Source The New York Times +5 · View original ↗

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