Trump Media’s massive bet could fix its biggest problem: It brings in almost no money ...Middle East

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Trump Media’s massive bet could fix its biggest problem: It brings in almost no money
By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media business is making a big bet on streaming as the rest of the company brings in shockingly little money. Even though Trump Media & Technology Group (DJT) is valued at $5 billion, the Truth Social owner revealed Friday evening it made just $837,000 in revenue last quarter. That marks a 30% drop from the year before. Trump Media’s losses are piling up, too. The company lost another $16.4 million during its first full quarter as a public company. But Trump Media is hoping to turn things around by building a streaming business catering to conservatives. Still, the latest bleak financial results drove Trump

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