the O.G. pop diva Diana Ross — The Boss — and her classic queer anthem “I’m Coming Out.”Miss Ross was my first crush long before I realized what “coming out” meant in the LGBTQ community.
20.05.2024 - 20:55 / variety.com
Todd Spangler NY Digital Editor Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million.
Shares in Sarasota, Fla.-based TMTG — which says it is a “safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations” — began trading on Nasdaq March 26, 2024, following its merger with special purpose acquisition company Digital World Acquisition Corp. (DWAC).
Trump owns about 65% of the outstanding shares in Trump Media & Technology Group, which trade under the ticker “DJT.” In Q1, the company recorded $311 million in non-cash expenses arising from the conversion of promissory notes, and the associated elimination of prior liabilities, immediately before the closing of TMTG’s merger with DWAC. The company had a first-quarter operating loss of $12.1 million based on adjusted EBITDA calculations; approximately half of that amount — $6.3 million — consisted of one-time payments related to the closing of TMTG’s merger with DWAC.
“At this early stage in the Company’s development, TMTG remains focused on long-term product development, rather than quarterly revenue,” the company said in announcing first-quarter 2024 results. “By adding features to Truth Social, launching live TV streaming, and building out its ecosystem, the Company aims to first develop a slate of best-in-class products that can then be leveraged to increase revenue and drive long-term value.” TMTG said the its “nascent advertising initiative” will “continue to evolve as TMTG implements its vision.” The company plans to launch a new “live TV streaming platform” for Truth Social’s
.the O.G. pop diva Diana Ross — The Boss — and her classic queer anthem “I’m Coming Out.”Miss Ross was my first crush long before I realized what “coming out” meant in the LGBTQ community.
Melania Trump has been seen for the first time since her husband Donald Trump’s conviction. The former first wife was photographed outside Trump Tower in New York City wearing a stylish jumpsuit, accompanied by her son Barron Trump, who looked elegant in a navy blue suit.WATCH: Barron Trump’s high school graduation photosIvanka Trump breaks silence after dad Donald Trump’s verdict: See her moving postDonald Trump’s daughter-in-law shares video of former president with grandkidsMelania wore an all-brown ensemble, paired with matching flats, dark sunglasses, no jewelry, and a brown ostrich Hermès Kelly bag.
Christian Nodal, Cazzu channels all her energy into her daughter Inti and her return to the stage. A few days after sharing a glimpse of her baby’s new room, the Argentine singer reappeared on Instagram to post a heartwarming photo with her little girl.
Ivanka Trump is showing her love for her dad. Hours after a New York jury found former President Donald Trump guilty in the “hush money” trial, his eldest daughter took to her Instagram Story to share a heartfelt message for her father.Ivanka Trump shares sweet exchange between her daughter and Adele in Las Vegas“I love you dad ❤️,” the Women Who Work author simply wrote on a throwback photo of herself and her dad.
Donald Trump has just been found guilty on 34 counts in his hush money trial in New York City, leading many to wonder if he can still run for President of the United States.
Andrew Wallenstein President and Chief Media Analyst John Peters, managing director and lead for media and entertainment at Accenture, specializes in tough love for media companies: His new “Thrive Index” lays out 50 strategic options for executives in need of bold solutions to survive tumultuous times. Take, for example, how he applies his innovative principles to the current predicaments facing Paramount Global, which is deliberating over a few different M&A options that strike Peters as not quite radical enough.
EXCLUSIVE: Catherine Tait, who runs Canadian pubcaster CBC/Radio-Canada, has been meeting with counterparts in Europe this week to rally support for an online initiative aimed at detoxifying social media.
Barron Trump has graduated high school. The ceremony, which was hosted earlier in May, was attended by his parents, Donald and Melania Trump, and has shared the first photos of Barron walking down the stage to grab his diploma. Melania Trump is selling Mother’s Day necklaces valued at $245What Barron Trump revealed about his dad Donald Trump during a dinner at Mar-a-LagoPhotos show Barron wearing a navy graduation robe, a matching graduation cap, and a red stole.
Andrew Scott is the latest actor to join the growing ensemble of the next Knives Out movie Wake Up Dead Man: A Knives Out Mystery. He joins a cast that already includes Josh O’Connor and Cailee Spaeny. Rian Johnson is returning to direct from a script he wrote. He will also produce the pic with his partner, Ram Bergman through T-Street Pictures.
after a female usher appeared to try and hurry her inside, seemingly preventing the star from adjusting her ensemble. The now-viral footage shows the unidentified staffer putting her arm around the head and chest of a visibly-agitated Taveras, who retaliates by putting her hand in the woman’s face.
Nicki Minaj has posted a lengthy apology to her Amsterdam fans for canceling her show following her arrest in the Netherlands.
Giovanni Pernice, the 33 year old Italian dancer who reportedly left Strictly Come Dancing, has jetted off on holiday with his stunning girlfriend Molly Brown. He recently broke his social media silence with a sweet comment on his girlfriend Molly Brown's Instagram post, amid reports of a BBC "investigation" his behaviour on the show. Molly, a 25 year old model, posted a series of holiday snaps featuring the couple on her Instagram account.
Ari Emanuel this week demanded Israeli Prime Minister Benjamin Netanyahu be ousted, condemning him for not seeking more peaceful solutions to the war in Gaza following Hamas’ horrific Oct. 7 attack on the Jewish state.“Israel will never be truly secure with Bibi Netanyahu in charge,” the Endeavor Group Holdings CEO said while accepting an award Wednesday from the Simon Wiesenthal Center.“For the good of Israel, he should go,” added Emanuel.The shocking remarks threw both applause and boos from attendees of the Beverly Hills gala, and some walked out as Emanuel was accepting the Jewish organization’s Humanitarian Award, its highest honor, according to the New York Times.“Netanyahu doesn’t want a peaceful solution,” said Emanuel.
Britain's Got Talent viewers were left complaining over an act that seem to be 'already famous' after last night's auditions.
Camila Banus seemed to take aim at her former Days of Our Lives costars in a pointed post on social media this week.
A company helping people struggling with the cost of living used misleading social media posts to raise tens of thousands of pounds, an investigation has uncovered.
Owen Gleiberman Chief Film Critic Religion, Karl Marx said, is the opiate of the masses. Today, he would likely say that the opiate of the masses is fame — the desire for it, the things you have to do to get it, the fragmentary nature of it (the old “15 minutes” is now, in many cases, more like 15 seconds), and everything it’s supposed to bring you. The new fame, the lusty fickle kind bred by social media, is at the center of “Wild Diamond,” a startlingly bold and true French drama that premiered today at Cannes.
Barron Trump as a Florida delegate to the Republican National Convention. However, it seems like the youngest son of Melania and Donald Trump will not be serving after all, as it was explained by the former First Lady.Ivanka Trump rides motorcycles with her kids; ‘Moto Mama’What Barron Trump revealed about his dad Donald Trump during a dinner at Mar-a-LagoMelania Trump’s birthday celebration details: ‘She finds comfort in her small family’It was previously revealed by the Republican Party of Florida chairman, Evan Power, that Barron, who is currently in high school, would serve as one of 41 delegates from Florida.
Nick Vivarelli International Correspondent New Italian media company Be Water – which is in Cannes for the first time – has announced its full roster of partners and scope of business activities comprising film, documentary and scripted TV production as well as theatrical film distribution, podcasts and live events. The Rome-based potential powerhouse is operating with what is being described as a holistic approach to content production that is congenial to the digital age, which is certainly a novelty for Italy.
Shares in Dish Network parent EchoStar have fallen more than 11% after the company’s lackluster first-quarter earnings report and growing uneasiness about the company’s financial state.