Trump announces launch of media company, social media site

Trump says his goal in launching the Trump Media & Technology Group and its ‘TRUTH Social’ app is to create a rival to the Big Tech companies that have shut him out.(File Photo)

NEW YORK (TIP): Nine months after being expelled from social media for his role in inciting the January 6 Capitol insurrection, former President Donald Trump said on Wednesday, October 20, he’s launching a new media company with its own social media platform. Trump says his goal in launching the Trump Media & Technology Group and its ‘TRUTH Social’ app is to create a rival to the Big Tech companies that have shut him out and denied him the megaphone that was paramount to his national rise.

“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced,” he said in a statement. “This is unacceptable.” In a release, the new venture announced it had been created through a merger with Digital World Acquisition Corp and said it seeks to become a publicly listed company.

Trump has spoken about launching his own social media site ever since he was barred from Twitter and Facebook. An earlier effort to launch a blog on his existing website was abandoned after the page drew dismal views.

In addition to the app, which is expected to soft-launch next month, with a nationwide rollout early next year, the company says it is planning a video-on-demand service that will feature entertainment programming, news and podcasts.

(Agencies)

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