Trump Media Aims to Diversify With Mergers, Acquisitions

Dow Jones

昨天

By Kelly Cloonan

President Trump's media company is looking for potential mergers and acquisitions as it aims to diversify beyond its current holdings.

Trump Media & Technology Group's Chief Executive Devin Nunes said in a letter to shareholders Tuesday he wants to acquire businesses that would benefit from the company's brand name and exposure on its Truth Social and TV streaming platforms

"Ultimately, we envision Trump Media evolving into a larger holding company for numerous great assets, compatible with America-First principles, spanning across multiple key sectors of the economy," Nunes said.

The company also plans to reincorporate in Florida, subject to shareholder approval.

Nunes said there are plans to boost its offerings for subscribers to its Truth+ streaming service in the near future. He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 29, 2025 18:02 ET (22:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 18:02 ET (22:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4547","symbol_name":"WSB热门概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531715412","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531715412","pubTimestamp":1745964120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"President Trump's media company is looking for potential mergers and acquisitions as it aims to diversify beyond its current holdings.Trump Media & Technology Group's Chief Executive Devin Nunes said in a letter to shareholders Tuesday he wants to acquire businesses that would benefit from the company's brand name and exposure on its Truth Social and TV streaming platforms. \"Ultimately, we envision Trump Media evolving into a larger holding company for numerous great assets, compatible with America-First principles, spanning across multiple key sectors of the economy,\" Nunes said.The company also plans to reincorporate in Florida, subject to shareholder approval.Nunes said there are plans to boost its offerings for subscribers to its Truth+ streaming service in the near future. 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He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 29, 2025 18:02 ET (22:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}