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Trump Media says it lost more than $400 million last year while revenue dropped 12%

CBS News
Summary
Nutrition label

84% Informative

Trump Media & Technology Group says it lost $400.9 million last year .

Its annual revenue declined 12% to $3.6 million .

The company said a "significant portion" of its revenue decline was caused by a change in a revenue-sharing agreement with an advertising partner.

Trump created Truth Social after he was banned from Twitter and Facebook following the Capitol riot.

VR Score

87

Informative language

86

Neutral language

81

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links