When networks and other news outlets descend on the Manhattan Criminal Courthouse today for the start of Donald Trump‘s latest trial, much will be made of the fact that this is a moment like no other: A former president facing criminal proceedings.
26.03.2024 - 20:45 / deadline.com
Shares in Truth Social parent Trump Media & Technology Group gave back most of their initial gains but still posted a strong debut on the Nasdaq, boosting the value of Donald Trump‘s majority stake.
The start of trading for the stock, which resulted from a SPAC merger finalized last week, was not accompanied by the usual Wall Street pageantry of an opening-bell ringing ceremony or grip-and-grin photography. Still, a surge of initial interest in the stock Tuesday morning prompted market officials to briefly halt trading. Once it resumed, shares eventually pulled back after rising as much as 50%, posting a 16% increase to finish the day at $57.99.
At that price, Trump’s roughly 60% stake in the company would be worth about $4.5 billion, a conveniently timed windfall given the former president’s many legal obligations. A judge on Monday gave him a reprieve in a civil fraud case in New York, slashing the amount of his bond payment to $175 million and giving him an additional 10 days to post it. The original $464 million bond had resulted in difficulties securing it and led to speculation that if he were to be unable to post the bond, prosecutors could take steps like seizing Trump properties.
In most IPOs, key stockholders and senior execs are subject to a lock-up period of about six months after the debut of a stock. That restriction, which prevent a shareholder from selling or taking loans against their position in a stock, aims to limit the threat of immediate sales by major stakeholders, which could then trigger a wider sell-off. In Trump’s case, he has the option of appealing to the board of directors of the company for permission to sell some of his shares at an earlier point. The company’s board includes Donald
When networks and other news outlets descend on the Manhattan Criminal Courthouse today for the start of Donald Trump‘s latest trial, much will be made of the fact that this is a moment like no other: A former president facing criminal proceedings.
Patrick Frater Asia Bureau Chief “Stormy,” a documentary about former porn star Stormy Daniels, has been picked up by Blue Ant Studios for international distribution. The launch was announced on Monday, the same day that former U.S. president Donald Trump begins a criminal trial in New York for allegedly covering up hush money payments to Daniels. “Stormy,” offered as two one-hour episodes or a two-hour feature, is produced by Emmy-nominated producers Erin Lee Carr (“I Love You,” “Now Die: The Commonwealth v.
Stormy Daniels Doc Finds Global Distribution
Concert film Suga – Agust D Tour ‘D-Day’ The Movie from Trafalgar Releasing took in $990k for Saturday alone, rounding out the North American box office top ten — testament to the power of concert films post-Covid and the enduring popularity of the K-Pop powerhouse. The band is currently on hiatus as members entered military service required in South Korea. But Suga, the youngest, got in one last solo concert in Seoul last year. It was beamed into theaters globally for two playdates on April 10 and April 13, for a cume of $2.2 million.
Immediately off the back of its inclusion in the Cannes competition line-up, Ali Abbasi‘s The Apprentice has dropped a first look of Sebastian Stan as Donald Trump and Jeremy Strong as Roy Cohn.
Is 2024 about to become the new 1972?
Donald Trump’s New York hush money trial is still due to start picking a jury on April 15.
Colin Jost and Michael Che had a field day on Saturday Night Live‘s “Weekend Update,” mocking the earthquake that rattled NYC and the latest news on Donald Trump.
Ghost of John McCain, the musical comedy set inside the brain of Donald Trump that got under the skin of Meghan McCain, will make its world premiere Off Broadway this fall, producers announced today.
Taylor Swift and Travis Kelce have been nominated in the same category at this year’s Webby Awards.While the couple are both up for awards in separate categories at the New York ceremony on May 13, they are also both shortlisted for Best Creator or Influencer Collaboration, Features (Social).Kelce’s nod is for a team-up with the Cheesecake Factory and Swift is nominated for her partnership with Vote.org on National Voter Registration Day.They are both up against Paris Hilton, Amaury Guichon, and TikTok’s Tube Girl.Swift’s nomination comes after she urged her fans to take action at the forthcoming US elections, driving record-breaking numbers to the Vote.org website last September.Vote.org saw its highest traffic on National Voter Registration Day since 2020 as a result of her influence.Last month, she also urged her fans to vote in the US primary elections which saw 16 states cast their ballots to pick their Republican and Democratic nominees for president.Swift has been cautious in her approach to politics over the years, first breaking her silence back in 2018 to back the Democrats in the US midterm elections.In 2019, she went so far as to accuse Donald Trump of “gaslighting the American public”, before officially endorsing Joe Biden the following year.She was responsible for driving record-breaking numbers to the voter registration site.It was reported earlier this year that Biden was seeking a Swift endorsement in an effort to swing the next US Presidential Election.Elsewhere, at the 28th annual Webby Awards nominees, include Lil Nas X, Victoria Monét, Sydney Sweeney, Timothée Chalamet, Trixie Mattel, Ryan Gosling, Michelle Obama, Laverne Cox, Adam Driver, Kelly Clarkson, and more.Public voting is open now via the
A New York judge on Monday expanded his gag order on Donald Trump, restricting the former president from attacking the family members of those involved in his upcoming criminal trial.
UPDATE: Donald Trump has secured a $175 million bond as his appeals a New York civil fraud judgment against himself, family members and his business empire.
Trump Media & Technology Group, the newly formed company whose assets include nascent social media platform Truth Social, has reported 2023 revenue of $4.1 million and a net loss of $58.2 million.
endorse President Biden for re-election publicly.“I’m in the midst of shooting a sequel to This is Spinal Tap. As much as I’d like Taylor Swift to do a cameo in the film, I’d give anything for her to endorse Joe Biden,” Reiner wrote on X.
Joe Biden‘s New York fundraiser this evening with Barack Obama and Bill Clinton is expected to raise more than $25 million, an enormous haul for a one-evening event.
The judge presiding over Donald Trump‘s upcoming New York criminal trial has imposed a gag order on what the former president can say about potential witnesses, attorneys and court staffers in the case, as well as potential jurors.
After a brief break, Jon Stewart returned to The Daily Show and called out Shark Tank‘s Kevin O’Leary.
Donald Trump‘s first criminal trial is now scheduled to start on April 15.
Concern about the fact that Donald Trump must post a $450 million-plus bond by Monday — and where he might get that money — prompted a curious debate with the ex-president’s lawyer on Fox News on Wednesday.
Former President Donald Trump has again filed a defamation lawsuit against a major media outlet, this time over comments that ABC News‘ George Stephanopoulos made during a contentious recent interview with Rep. Nancy Mace (R-SC).