Connect with us

CBS News

Trump Media, valued at $7 billion, booked less than $1 million in first-quarter sales

Avatar

Published

on


Sharing ways to help you have civic conversations about politics


Sharing ways to help you have civic conversations about politics

06:39

Trump Media & Technology Group, a startup majority-owned by former President Donald Trump that is valued at nearly $7 billion after going public in March, said it booked $770,500 in revenue during the first quarter, down from $1.1 million during the year-ago period. 

The company, whose main asset is the social media network Truth Social, also reported losing $327.6 million during the first three months of 2024 due largely to a charge for a financial transaction, according to a Monday regulatory filing. That compares with its year-earlier loss of $210,000. 

The report offers a glimpse into the finances of the newly public company, which says its mission is to provide an alternative to Facebook and other social media platforms. Since going public, Trump Media — whose shares trade under the ticker DJT, the same as former President Donald Trump’s initials — have had a wild ride, sinking in its first few weeks of trading before rebounding to reach its current market capitalization.

The volatility in its share price has prompted some analysts to compare Trump Media with meme stocks — companies that trade on social media buzz rather than traditional financial yardsticks such as profitability and revenue growth. 

The decline in first-quarter revenue could prompt questions about Trump Media’s strategy and Truth Media’s ability to appeal to a broad group of users and advertisers. While big losses aren’t uncommon among tech startups, investors typically want to see strong revenue growth because it indicates that a fledgling business can grow quickly and eventually turn a profit. 

In a statement on Monday, Trump Media said its focus is on “long-term product development, rather than quarterly revenue.”

The company added that it plans to “increase revenue and drive long-term value” through new features, such as a streaming service that it is now developing.  

“We are particularly excited to move forward with live TV streaming by developing our own content delivery network, which we believe will be a major enhancement of the platform,” Trump Media CEO Devin Nunes said in the statement.

Trump Media said the $327.6 million loss was due a $311 million expense related to the conversion of promissory notes. Excluding that cost and other expenses, the company lost $12.1 million in the quarter, compared with a loss of $3.6 million in the same period a year earlier. 



Read the original article

Leave your vote

CBS News

How to watch the Arizona Cardinals vs. Miami Dolphins NFL game today: Livestream options, more

Avatar

Published

on


Los Angeles Chargers v Arizona Cardinals
Kyler Murray #1 of the Arizona Cardinals runs for a touchdown against the Los Angeles Chargers in the fourth quarter at State Farm Stadium on October 21, 2024 in Glendale, Arizona.

Getty Images


The Arizona Cardinals vs. Miami Dolphins NFL game will be played today. The Cardinals are taking on the Dolphins following a close 17-15 win over the Los Angeles Chargers — a big victory after a tough loss to the Green Bay Packers the game prior. The Dolphins were defeated 16-10 in their latest game to the Indianapolis Colts.

Here’s what to know on how and when to watch the Arizona Cardinals vs. Miami Dolphins game today, even if you don’t have cable.


How and when to watch the Arizona Cardinals vs. Miami Dolphins game

The Cardinals vs. Miami Dolphins game will be played on Sunday, October 27, 2024 at 1:00 p.m. ET (10:00 a.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.


How and when to watch the Arizona Cardinals vs. Miami Dolphins game without cable

You can watch Fox through several streaming services if it’s not included in your cable package or if you don’t have cable. All you need is an internet connection and the top options outlined below.

Watch the Arizona Cardinals vs. Miami Dolphins game for free with Fubo

Fubo, a contract-free live TV streaming service offering comprehensive sports coverage, gives you an easy, user-friendly way to watch NFL games on CBS, Fox, NBC, ABC, ESPN and the NFL Network, plus NCAA football channels. The Pro tier ($80/month, first month $50) includes 200+ channels and unlimited DVR, while the Elite with Sports Plus tier ($100/month, first month $70) adds NFL RedZone and 4K resolution. New subscribers get a seven-day free trial and $30 off their first month, with all plans allowing streaming on up to 10 screens simultaneously.


Watch today’s Arizona Cardinals vs. Miami Dolphins game on Sling

One of the most cost-effective ways to watch major sporting events is through a subscription to Sling’s Orange + Blue tier ($60/month, currently half-off first month at $30), which includes ESPN, ABC, NBC, and Fox. The plan offers 46 channels with local NFL games, nationally broadcast games and 50 hours of DVR storage. For complete NFL coverage, add Paramount+ to get CBS games, or upgrade with the Sports Extra add-on for additional sports channels like Golf Channel, NBA TV and NFL RedZone.


Watch the Arizona Cardinals vs. Miami Dolphins game on Hulu + Live TV

You can watch NFL games, including Fox broadcasts, with Hulu + Live TV, which includes 90 channels, unlimited DVR storage, and access to NFL preseason games, live regular season games and studio shows. The service costs $77 per month (with a three-day free trial) and includes ESPN+ and Disney+ in the subscription.


Want to watch today’s game live on your smartphone? The NFL+ streaming service ($40/year or $7/month) lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Note that NFL+ only works on phones and tablets, not TVs.



Read the original article

Leave your vote

Continue Reading

CBS News

How to watch the Baltimore Ravens vs. Cleveland Browns game today: Livestream options, more

Avatar

Published

on


gettyimages-2178264519.jpg
Mark Andrews #89 of the Baltimore Ravens celebrates after catching a touchdown pass during the second quarter against the Washington Commanders at M&T Bank Stadium on October 13, 2024 in Baltimore, Maryland.

Getty Images


The Baltimore Ravens vs. Cleveland Browns game will be played today. The game will be played at Huntington Bank Field in Cleveland, Ohio. It’ll mark the second time in less than a week that the Ravens have hit the field after playing the Tampa Bay Buccaneers on Monday. The Browns, meanwhile, are coming off an October 20 loss to the Cincinnati Bengals and are just 1-6 so far this season.

Keep reading to find out how and when to watch the Baltimore Ravens vs. Cleveland Browns game today, even if you don’t have cable. 

CBS, Paramount+ and CBS Essentials are all subsidiaries of Paramount Global.


How and when to watch the Baltimore Ravens vs. Cleveland Browns game today

The Baltimore Ravens vs. Cleveland Browns game will be played on Sunday, October 27, 2024 at 1:00 p.m. ET (10:00 a.m. PT). The NFL football game will air on CBS, and stream on Paramount+ and the platforms featured below.


How and when to watch the Baltimore Ravens vs. Cleveland Browns game without cable

While CBS is available with many basic cable packages, you don’t need to worry if you don’t have access. Whether you have cable or have completely cut the cord, the game will be available with a variety of other options. Just note that the below streaming options will require the use of an internet provider:

Paramount+: Watch CBS-aired NFL games without cable

With Paramount+ you’ll have multiple viewing options to choose from. You can catch NFL games on the Paramount+ Essential tier for just $7.99 each month or you can watch college football with a Paramount+ with Showtime subscription for $12.99 monthly. In addition to live streams of NFL games airing on CBS, you’ll get to watch additional live sporting events including NCAA college football, PGA Tour golf, soccer and more.

Get started with Paramount+ here today.

Amazon Prime Video: Add Paramount+ to your existing subscription

Already have an Amazon Prime Video account? Simply add Paramount+ to your current subscription to watch all the CBS-aired NFL games in addition to Paramount+ originals. The same prices from above apply, depending on which tier you choose. Not sure which is best for you? Don’t worry. Both options come with a free seven-day trial that can help you decide.

Watch the Ravens-Browns game on Amazon Prime Video.

Fubo: Watch the Ravens-Browns game for free

If you’re looking for an inexpensive way to watch a variety of football games, Fubo could be the best way to do so. The live TV streamer is currently offering a seven-day free trial and $30 off of your first month’s subscription. Once subscribed, you’ll gain access to all of their live sporting events immediately. And there will be a lot to choose from. Not only does Fubo come with access to NFL games airing on your local CBS channel, it also includes Fox Sunday NFC games, “Sunday Night Football” on NBC, “Monday Night Football” on ABC and ESPN and all of the games that air on the NFL Network. So don’t wait.

Get started with Fubo online now.


Waiting for the game to start? As the season rolls on you may want to stock up on the latest NFL gear and merchandise. Fanatics is a great way to do so. With the latest player t-shirts, jerseys, hoodies and more, there’s plenty of stuff in stock to keep you covered this season. But don’t wait much longer. As each week in the season passes by competition for this limited merchandise will increase. Don’t wait for it to sell out.

Head over to Fanatics now to check out the latest NFL fan gear drop.



Read the original article

Leave your vote

Continue Reading

CBS News

How to watch the New York Jets vs. New England Patriots game today: Livestream options, more

Avatar

Published

on


gettyimages-2179883774.jpg
Aaron Rodgers #8 of the New York Jets throws a pass during the third quarter against the Pittsburgh Steelers at Acrisure Stadium on October 20, 2024 in Pittsburgh, Pennsylvania.

Getty Images


The Northeast sports world is set to heat up today as the New York Jets take on the New England Patriots. The game will be played at Gillette Stadium in Foxborough, Massachussetts. Both teams are coming into the game looking for an edge. The Jets have lost their last four games and are just 2-5 this season while the Patriots are looking to snap a six-game losing streak. They’re just 1-7 so far this regular season. 

Keep reading to find out how and when to watch the New York Jets vs. New England Patriots game today, even if you don’t have cable. 

CBS, Paramount+ and CBS Essentials are all subsidiaries of Paramount Global.


How and when to watch the New York Jets vs. New England Patriots game today

The New York Jets vs. New England Patriots game will be played on Sunday, October 27, 2024 at 1:00 p.m. ET (10:00 a.m. PT). The NFL football game will air on CBS, and stream on Paramount+ and the platforms featured below.


How and when to watch the New York Jets vs. New England Patriots game without cable

While CBS is available with many basic cable packages, you don’t need to worry if you don’t have access. Whether you have cable or have completely cut the cord, the game will be available with a variety of other options. Just note that the below streaming options will require the use of an internet provider:

Paramount+: Watch CBS-aired NFL games without cable

With Paramount+ you’ll have multiple viewing options to choose from. You can catch NFL games on the Paramount+ Essential tier for just $7.99 each month or you can watch college football with a Paramount+ with Showtime subscription for $12.99 monthly. In addition to live streams of NFL games airing on CBS, you’ll get to watch additional live sporting events including NCAA college football, PGA Tour golf, soccer and more.

Get started with Paramount+ here today.

Amazon Prime Video: Add Paramount+ to your existing subscription

Already have an Amazon Prime Video account? Simply add Paramount+ to your current subscription to watch all the CBS-aired NFL games in addition to Paramount+ originals. The same prices from above apply, depending on which tier you choose. Not sure which is best for you? Don’t worry. Both options come with a free seven-day trial that can help you decide.

Watch the Jets-Patriots game on Amazon Prime Video.

Fubo: Watch the Jets-Patriots game for free

If you’re looking for an inexpensive way to watch a variety of football games, Fubo could be the best way to do so. The live TV streamer is currently offering a seven-day free trial and $30 off of your first month’s subscription. Once subscribed, you’ll gain access to all of their live sporting events immediately. And there will be a lot to choose from. Not only does Fubo come with access to NFL games airing on your local CBS channel, it also includes Fox Sunday NFC games, “Sunday Night Football” on NBC, “Monday Night Football” on ABC and ESPN and all of the games that air on the NFL Network. So don’t wait.

Get started with Fubo online now.


Waiting for the game to start? As the season rolls on you may want to stock up on the latest NFL gear and merchandise. Fanatics is a great way to do so. With the latest player t-shirts, jerseys, hoodies and more, there’s plenty of stuff in stock to keep you covered this season. But don’t wait much longer. As each week in the season passes by competition for this limited merchandise will increase. Don’t wait for it to sell out.

Head over to Fanatics now to check out the latest NFL fan gear drop.



Read the original article

Leave your vote

Continue Reading

Copyright © 2024 Breaking MN

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.