Old President TrumpDonald Trump Jan. The 6 brings together the Democrats and Cheneys – the GOP being absent most of the time. ProPublica reporter says movement to target government political opponents increased before Jan 6 attack Briahna Joy Gray: Biden to ‘pay the piper’ for his mid-term inaction MOREThe media company has signed an agreement with the Rumble video platform, which will provide video and streaming for Trump’s new social media network.
The Trump Media & Technology Group (TMTG) said in a statement Tuesday that it has reached a “far-reaching cloud technology and services agreement” with Rumble Inc.
TMTG said Rumble “will provide video and streaming for TRUTH Social,” the company’s new social media network unveiled in October. Trump’s company also said the two companies were “in exclusive negotiations to have Rumble provide video infrastructure and delivery services for TMTG’s subscription video-on-demand product, TMTG +.”
TMTG has called Rumble a “high growth neutral video distribution platform”. the the group’s website says so “to create[s] technologies that are immune to the cancellation of culture ”, and is a platform“ for people who have something to say and something to share, who believe in authentic expression and want to control the value of their own creations ”.
The platform has become popular among Republicans. The Wall Street Journal revealed in May that conservative venture capitalists Peter Thiel and JD Vance, also a candidate for the Ohio Senate, were investing in the company.
Narya Capital, a venture capital fund co-founded by Vance and Colin Greenspon, led the investment with Thiel, according to the Journal. Colt Ventures, the family office of former Trump adviser Darren Blanton, has also reportedly invested in the platform.
Trump, in a statement on Tuesday, said his company “continues to align with service providers who do not discriminate against political ideology,” in accordance with its mission.
“Therefore, I selected the Rumble Cloud to serve as the critical backbone of the TMTG infrastructure,” he added.
Chris Pavlovski, founder and CEO of Rumble, said the company is “excited to provide cloud technologies and services to TMTG”.
“We continue to build the infrastructure to provide a free, open and neutral Internet. Rumble was designed to be immune to culture cancellation, and we’re at the forefront of a movement that believes everyone benefits from access to a neutral platform that hosts diverse ideas and opinions, ”he added.
TMTG made headlines earlier this month when Rep. Devin Nunes
Devin Gerald NunesThe Hill’s Morning Report – Brought to you by Altria – Winter is here for Democrats Hillicon Valley – GOP leader criticizes Twitter on Greene Nunes ban officially resigns from Congress MORE (R-Calif.) Announced his intention to step down from Congress at the end of this month to become the CEO of the company. He is expected to take up his new post next month.
Nunes told his constituents he had “a new opportunity to fight for the most important issues in which I believe.”
Financial regulators are currently investigating the proposed merger between TMTG and Digital World Acquisition Corp., a specialist acquisition company.
