
Trump Watches as His Media Stake Takes a $4 Billion Dive
9 months ago
In recent days, it has been revealed that Donald Trump's media portfolio has significantly shrunk by around $4 billion. This drop comes amid a growing interest from large media giants in online content and a changing media consumption landscape. Much of Trump's assets are tied to his holding company, Trump Media & Technology Group, which is developing the Truth Social platform in response to the bans on his social media accounts. However, despite his attempts to become an alternative to platforms like Facebook and Twitter, Truth Social has failed to attract a sufficient number of users and investments.
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