What's Going On With Trump Media & Technology Stock Today?

Trump Media & Technology Group Corp. DJT shares are trading slightly higher in the premarket session on Wednesday.

According to Benzinga Pro, DJT stock has gained over 75% in the past year.

Today, the company announced that it has successfully launched linear TV streaming on iOS devices.

To access TV streaming, iOS users must update the Truth Social app through Apple Inc. AAPL App Store unless their devices are set to automatically download updates, the company said in a press release.

This feature is supported by TMTG’s newly developed, custom-built content delivery network.

“We’ve hit a big milestone in our TV streaming rollout, with the service now available across the entire Truth Social platform—iOS, Android, and the Web,” said TMTG CEO Devin Nunes. 

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TMTG also aims to release apps for streaming content on home TV sets and introduce enhanced advertising features.

The company plans to broaden its streaming offerings as the rollout progresses, with a focus on news, Christian content, and family-friendly programming.

Going ahead, TMTG expects to gain full control over its tech delivery stack for streaming across private network CDN, which is consistent with the goal of rendering the service uncancellable by Big Tech, the company said.

Yesterday, the company launched linear TV streaming on Android devices.

“The addition of streaming to Android devices is another step toward our goal of creating an uncancellable home for free speech and family-friendly TV content,” Nunes added.

Price Action: DJT shares are trading higher by 0.66% to $27.29 premarket at last check Wednesday.

Photo via Shutterstock

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