President Trump is moving at warp speed to establish Trump Media & Technology Group (TMTG) as a force to be reckoned with in the worlds of social media, video, and streaming.
TMTG, which received a $1 billion investment this month, announced in a press release on Tuesday that it is entering a “wide-ranging technology and cloud services agreement,” with Rumble, an up-and-coming free speech video streaming platform.
Just days after Rumble revealed it would provide distribution services to Trump’s soon-to-be released social media platform, Truth Social, TMTG expanded on the burgeoning partnership.
“Rumble will deliver video and streaming for TRUTH Social,” the statement reads. “TMTG and Rumble are also in exclusive negotiations for Rumble to provide infrastructure and video delivery services for TMTG’s Subscription Video On-Demand product, TMTG+.”
TMTG+ is expected to become a major player in the entertainment industry and could pose a challenge to the likes of Amazon’s Prime Video and Disney+.
President Trump remarked on Tuesday’s announcement, stating, “As part of our mission, TMTG continues to align with service providers who do not discriminate against political ideology.” He continued, “Therefore, I have selected the Rumble Cloud to serve as a critical backbone for TMTG infrastructure.”
Trump revealed that after going through beta testing, “TMTG has already launched Truth Social on the Rumble Cloud for invited guests only, and the initial Beta launch has been excellent.”
“America is ready for TRUTH Social, and the end to cancel culture,” the 45th president continued.
Rumble CEO Chris Pavlovski promised to “continue to build the infrastructure to deliver a free, open, and neutral internet,” through its video platform which “was designed to be immune to cancel culture.”
“We are at the forefront of a movement that believes everyone benefits from access to a neutral platform that hosts diverse ideas and opinions,” Pavlovski added, providing foresight for the months to come.
Truth Social is expected to launch in spring 2022.