The streaming service Truth+ from Trump Media & Technology Group now provides Newsmax cable network access to international viewers worldwide. The company expands its content distribution through Truth+ by launching the platform as a strategic move to reach audiences beyond its social platform Truth Social.
The Truth+ streaming service now operates through mobile apps and major connected TV platforms which include Apple TV, Amazon Fire TV, Android TV and Roku. The Truth+ application provides both live streaming channels and video-on-demand content with Newsmax as its main programming selection.
The platform started its beta testing phase in late June and the company will use user feedback to enhance the platform. Newsmax operates as a publicly traded company since March while it works to expand its global reach because conservative media consumption continues to grow.
The stock price of Trump Media increased 0.6% to $19.06 during Monday trading while Newsmax stock price dropped 2.6% to $14.65. Both companies launched their new platform to build multiple revenue streams and digital expansion in a competitive media industry.
Through Truth+ Trump Media established itself as a streaming service provider while expanding its position in the growing streaming industry. Newsmax uses this platform to expand its worldwide reach as right-leaning viewership becomes more competitive.