Welcome to our dedicated page for Rumble news (Ticker: RUM), a resource for investors and traders seeking the latest updates and insights on Rumble stock.
Rumble Inc. (symbol: RUM) is a dynamic, high-growth video-sharing platform that allows users to watch, share, like, comment, and upload their own videos. The platform supports both video-on-demand and live streaming content, enabling creators to engage with their audience in real-time. Users can subscribe to their favorite channels to stay updated with the latest content from creators.
Rumble Inc. focuses on generating revenue primarily from the United States. The company is not just a video platform; it is also a cloud services provider that prides itself on creating an independent infrastructure. Rumble's mission is to restore the internet to its roots by promoting a free and open internet. This mission is reflected in its commitment to providing an unfiltered and unbiased platform for content creators and consumers alike.
Rumble has been making headlines recently with its aggressive stance against major tech companies. Notably, Rumble has filed a lawsuit against Google, alleging anti-competitive and exclusionary practices. The lawsuit claims that Google's monopolistic behavior in the digital advertising market has unfairly impacted Rumble's growth. This legal action highlights Rumble's determination to challenge industry giants and advocate for a more equitable digital ecosystem.
In terms of financial performance, Rumble recently announced its fourth quarter and full-year 2023 results, demonstrating strong growth and financial health. The company continues to attract investor interest, and its upcoming earnings conference call is highly anticipated by stakeholders.
Rumble's partnerships and collaborations further bolster its position in the market. For instance, the platform hosts the popular podcast
Rumble has announced that Dave Rubin, host of The Rubin Report, is joining Rumble Exclusives. With over 1.3 million Twitter followers and 1.8 million YouTube subscribers, the podcast garners over 13 million monthly views. Streaming Monday to Friday at 11:00 a.m. ET, Rubin will also host an exclusive after-show on Locals. Rumble’s CEO, Chris Pavlovski, stated Rubin embodies creative independence, furthering their mission of fostering a free internet. Rumble aims to challenge corporate media by empowering hosts to provide independent perspectives.
Rumble has announced that journalist Kim Iversen will host a new version of her show exclusively on the platform, airing weekdays at 6 p.m. ET. Since her rise to fame on The Hill, Iversen has gained a reputation for her candid views and criticism of the COVID-19 response. Her content aims to provide uncensored analysis of current politics. Rumble's CEO, Chris Pavlovski, expressed excitement about Iversen's move, emphasizing the importance of creative independence. Subscribers can follow her on both Rumble and Locals.
Rumble (NASDAQ: RUM) has announced a strategic partnership with Power Slap, the leading slap fighting organization. This collaboration includes the launch of an exclusive show on Rumble featuring Dana White and the establishment of a Power Slap channel on the platform. Rumble's CEO, Chris Pavlovski, emphasized that this partnership enhances their content library and aligns with their mission to support independent platforms. Fans can subscribe to Power Slap's new Rumble page and community to stay updated.
Rumble (NASDAQ: RUM) announces the launch of Glenn Greenwald's live show, SYSTEM UPDATE, streaming exclusively on its platform starting December 12, 2022, at 7:00 p.m. ET. Greenwald, a Pulitzer Prize-winning journalist, aims to provide independent journalism free from cancel culture. His inaugural guest will be journalist Matt Taibbi, who is known for his reporting on the Twitter Files. The show will interactively engage viewers on Rumble’s premium subscription platform, Locals, following the live broadcast.
Rumble has filed a lawsuit against New York Attorney General Letitia James, challenging a new law aimed at regulating online speech. The law mandates social media platforms to create policies regarding speech that may 'vilify, humiliate, or incite violence' against protected classes, potentially encompassing constitutionally protected expressions. Non-compliance may lead to fines and investigations. Rumble's CEO Chris Pavlovski expressed concerns that this law could suppress lawful speech. The lawsuit is supported by the Foundation for Individual Rights and Expression and constitutional law expert Eugene Volokh.
Rumble Inc. (NASDAQ: RUM) reported a record Q3 2022 revenue of $11.0 million, up 430% from Q3 2021 and 150% from Q2 2022. Monthly Active Users surged 97% year-over-year to 71 million, with 57 million from the U.S. and Canada. The company launched its in-house ad platform ahead of schedule, enhancing monetization opportunities. Despite these achievements, the company recorded an operating loss of $7.8 million, reflecting increased operational expenses. Rumble retained nearly all cash from its recent business combination, totaling $356.7 million in cash equivalents.
Rumble (NASDAQ: RUM) has announced the exclusive release of JP Sears' comedy special titled Please Censor This! on its subscription platform, Locals. Sears, a comedian with over 2.7 million YouTube subscribers, aims to create a community for his audience by sharing bonus content and hosting livestreams. This release is positioned as a victory for free speech and creator independence, emphasizing Locals' commitment to empowering independent creators through diverse features. The special can be purchased on the Locals platform.
Rumble has launched Rumble.Store, an online store offering official Rumble merchandise, including made-in-the-USA t-shirts and hats available for pre-order. The store aims to expand its collection with creator-inspired merchandise in the future. Rumble's CEO, Chris Pavlovski, expressed enthusiasm for empowering the community with products that reinforce their mission of a free and open internet. This launch marks a step towards diversifying revenue streams and enhancing brand loyalty among its user base.
Rumble has launched a beta version of pre-roll video ads on its Rumble Advertising Center, enhancing monetization opportunities for the platform and its creators. This new ad format, in addition to existing display ads, aims to create higher CPMs and payouts for video content creators. Rumble's CEO, Chris Pavlovski, emphasizes the milestone for monetization and creator support, seeking to establish a creator-friendly platform that rewards independence.
Rumble, a video-sharing platform (NASDAQ: RUM), has introduced a new feature for its iOS and Android applications that allows creators to send instant notifications to their subscribers about livestreams.
This enhancement is expected to help creators expand their audiences, increase engagement with their content, and ultimately boost earnings. Rumble positions itself as a high-growth platform committed to restoring a free and open Internet. For more information, visit Rumble's corporate site.
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