You mean advertisers aren’t climbing all over themselves to buy spots on it? Maybe the new streaming service will save the day.
/s
He could try suing companies for not running ads. It seems to be working for Elon.
I’d heard that he was going to do that, but is he and it’s working!?
Depends on how you define “working”.
He managed to kill a non-profit that advised not advertising on Xitter because it’s a racist shithole. I don’t think it’s gonna bring back any advertisers, but with the help of a pet Texas judge he’s SLAPP suing his detractors out of existence.
One could argue that the non profit has largely done its job at this point so it’s only a symbolic victory.
Iirc they only brought in like 300k in revenue. Somebody fact check me but it was definitely between 300k-400k in revenue. So that net loss is fucking insane.
It in the article
Trump Media, which owns the Truth Social app often used by the former president, also reported revenue of just $836,900 for the quarter ending June 30, a 30% drop from the same period in 2023
800k. I was a bit off
If the numbers are content. That’s about 3.2 million in revenue and 64 million loss per year.
While people want to clap over that. Many companies are not profitable their first few years.
I work for a tech company. We are well known, bring in billions but one made a profit once or twice in twenty years.
Prior company the same.
It’s amazing that you can bring in billions and still not make a dime
deleted by creator
Many companies are not profitable their first few years.
Especially if they’re a Twitter ripoff with one single user being the only one anyone cares about in terms of who posts.
In fact, I’m going to make a, what I feel is pretty safe, prediction that Truth Social also won’t make a profit over their last few years.
Just hang in there guys and keep spending. Remember it takes all the money to make all the money 💰💰! Wink wink.
And not a single one of his unbelievably stupid fans will sell their stock in it until he cashes out in a couple months. The absolute first second he’s allowed to sell his stake, that shit’s going to crater hard with all his Stans losing their life savings.
The real treasure was all the grifts he did along the way.
Another example of his awesome business skills that he’ll be able to transfer to running the government. \s
When is he allowed to sell his stake? I seem to recall there was a time limit after going public.
Need Riker playing
sad violinup in hereEdit: it’s playing a sour note
Edit #2:
Hmm best I’ve got is a video of a biker playing a violin: https://m.youtube.com/watch?v=rK4J-GM5Mw0
I am sad I wasn’t able to find Riker playing a violin though, now I need Riker playing a sad saxophone up in here.
@FlyingSquid@lemmy.world usually has the Riker trombone queued up.
This doesn’t feel Rikery enough. Trump is still going to make a shitload of money from this.
That’s fair! I just like to call you when people are looking for Riker.
Always appreciated.
I’m not usually this petty, but… haha, get fucked
Loser.
Wow, what a loser.
this seems like the perfect time to launch a streaming service, those things tend to be very profitable
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