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 (NASDAQ: RUM) operates a pioneering video sharing platform and cloud services network committed to free speech and independent content creation. This hub provides investors and industry observers with essential updates about the company's strategic initiatives, financial developments, and market position.
Track critical announcements including earnings reports, infrastructure expansions, content partnerships, and legal engagements that shape Rumble's role in the digital media landscape. Our curated collection ensures timely access to press releases about cloud service innovations, platform feature updates, and antitrust-related developments central to the company's mission.
Discover updates on Rumble's cross-platform accessibility enhancements, advertising model evolution, and collaborations with major sports franchises or technology partners. The resource serves investors seeking to monitor growth metrics, analysts evaluating competitive positioning, and creators tracking platform policy changes.
Bookmark this page for streamlined access to verified information about Rumble's operational milestones. Check regularly for new developments impacting the video streaming sector and cloud infrastructure markets.
Rumble (NASDAQ: RUM), a video-sharing platform and cloud services provider, has announced a partnership with the Miami Dolphins and Hard Rock Stadium to utilize Rumble Cloud's infrastructure services. This collaboration marks a significant milestone for Rumble Cloud, as it onboards one of the NFL's premier franchises.
Chris Pavlovski, Chairman and CEO of Rumble, expressed enthusiasm about the partnership, highlighting the validation it brings to their platform as they continue to scale. He emphasized the potential for the Miami Dolphins' business operations to grow and innovate using Rumble's cost-effective, high-performing cloud services.
Rumble Inc. (Nasdaq: RUM) reported Q2 2024 financial results, showing sequential revenue growth of 27% to $22.5 million. Key highlights include:
- Average global Monthly Active Users (MAUs) reached 53 million, up from 50 million in Q1 2024
- Introduced new KPI: Average Revenue Per User (ARPU) at $0.37, up 19% from Q1 2024
- Set a new record of 718,909 concurrent live viewers during the Biden-Trump debate
- Announced partnerships with PublicSquare, Miami Dolphins, and Hard Rock Stadium
- Filed antitrust lawsuits against Google and other entities
- Launched new products and expanded to Xbox platform
- Cash, cash equivalents, and marketable securities balance of $154.2 million as of June 30, 2024
Rumble Inc. (NASDAQ: RUM) has announced that its Chairman and CEO, Chris Pavlovski, will participate in a live-streamed interview with Matt Kohrs on August 12, 2024, following the company's Q2 2024 earnings call. The interview, hosted on Rumble's platform using Rumble Studio, will be accessible at rumble.com/MattKohrs. Viewers can submit questions during the stream, which will focus on Rumble's Q2 2024 achievements and future plans. The earnings call is scheduled for 5:00 p.m. Eastern Time on the same day, with access to the webcast and replay available on Rumble's Investor Relations website.
Rumble Inc. (NASDAQ: RUM), a video-sharing platform and cloud services provider, has announced its participation in Oppenheimer's 27th Annual Technology, Internet & Communications Conference. The virtual event is scheduled for August 12-14, 2024. Chris Pavlovski, Rumble's Chairman and CEO, will engage in a fireside chat with Oppenheimer analyst Jason Helfstein on Tuesday, August 13, 2024, at 10:45 a.m. ET. The chat will be accessible for viewing online. Additionally, Rumble's management team will be available for virtual one-on-one and small group meetings with investors on the same day. Interested parties can schedule meetings through their Oppenheimer representative or by emailing investors@rumble.com.
Rumble (NASDAQ:RUM), a video-sharing platform and cloud services provider, has joined X in filing antitrust lawsuits against an alleged advertising cartel. The suit, filed in the U.S. District Court for the Northern District of Texas, names the World Federation of Advertisers (WFA), WPP, and GroupM Worldwide as defendants. The lawsuit alleges a conspiracy to withhold advertising revenue from Rumble and other digital media platforms through the Global Alliance for Responsible Media (GARM) initiative.
The complaint argues that GARM established arbitrary content standards used to perpetrate an advertiser boycott against Rumble and others. Rumble seeks a declaration of illegal conduct, a permanent injunction, damages, and legal fees. The U.S. House Judiciary Committee is also investigating this matter, with a July interim report suggesting the conduct is likely illegal under antitrust laws.
Rumble (NASDAQ: RUM), a video-sharing platform and cloud services provider, has launched its new Xbox app. This release allows users to stream live and on-demand content from creators 24/7 on their Xbox devices. The app supports all Xbox models from 2013 third-generation onwards and offers access to a variety of content, including gaming creators, exclusive podcasts, live sports, political pundits, and more.
This expansion adds to Rumble's existing availability on platforms like Apple TV, Roku, Amazon Fire TV, LG Smart TVs, and Samsung TV apps. CEO Chris Pavlovski highlighted that this launch enhances the company's video distribution capabilities and supports the independent creator economy while improving viewer experience. Future updates will include outbound in-console streaming functionality.
Rumble Inc. (NASDAQ: RUM), a video-sharing platform and cloud services provider, has announced the timing for its second quarter 2024 earnings release. The company will disclose its financial results for the quarter ending June 30, 2024, after market close on Monday, August 12, 2024. Following the release, Rumble will host a conference call at 5:00 p.m. Eastern Time on the same day. Investors and interested parties can access the live webcast and replay of the conference call, along with related earnings materials, on Rumble's website and Investor Relations page at investors.rumble.com.
Rumble (NASDAQ: RUM), a video-sharing platform and cloud services provider, has announced partnerships with three exclusive Rumble-branded products: Pawsitive (healthy pet foods), Be Naked (male health), and 5G Free (EMF wellness). These brands support Rumble's mission of a free and open internet and bolster its parallel economy ecosystem.
The new products are available online at their respective websites. This expansion follows the success of Rumble's 1775 Coffee brand, launched in February, which now has an annualized run rate exceeding $1 million. Rumble aims to enhance creator monetization through these partnerships, addressing the issue of brand advertisers boycotting platforms that allow diverse opinions.
Rumble (NASDAQ:RUM), a video-sharing platform and cloud services provider, announced that its top content creators will host live shows at the Republican National Convention in Milwaukee from July 15 to July 19, 2024.
The event will culminate in the formal nomination of former President Donald Trump as the Republican candidate. Creators like Dan Bongino, Russell Brand, Louder with Crowder, Donald Trump Jr., and others will participate.
Rumble Chairman and CEO Chris Pavlovski emphasized the platform's commitment to free speech and diverse perspectives. Rumble is a sponsor of the convention’s host committee and the exclusive live-streaming partner for the Republican Presidential Primary Debates.
For more information, visit the Rumble corporate site or contact press@rumble.com.
Rumble (NASDAQ: RUM) reported a significant milestone during the recent debate night in America on June 28, 2024. The platform reached a new peak of 718,909 concurrent live viewers, according to Streams Charts.
This figure represents the highest number of simultaneous viewers in the platform's history. Additionally, Rumble set a new record for bandwidth throughput on its Content Delivery Network (CDN).
Top content creators on Rumble, including Dan Bongino and Steven Crowder, ranked among the top five live streams globally, with Bongino's audience surpassing NBC News’ viewership on YouTube. Combined, these channels garnered over 2 million views.
CEO Chris Pavlovski highlighted the shift towards Rumble for unfiltered election coverage, indicating a growing preference for the platform over traditional media outlets.
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