Rumble Sets New Streaming and Bandwidth Record on Debate Night in America
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.
- Rumble achieved a record 718,909 concurrent live viewers.
- New bandwidth throughput record on Rumble's CDN.
- Content creators Dan Bongino and Steven Crowder ranked in the top 5 globally.
- Dan Bongino's Rumble audience surpassed NBC News' YouTube viewership.
- Over 2 million combined views for Bongino and Crowder's channels.
- None.
Insights
Rumble's recent achievement of surpassing 718,909 concurrent live viewers during the debate night presents a positive signal for the company's growth trajectory. This milestone not only reflects an increase in user engagement but also strengthens Rumble's positioning against established competitors in the streaming industry, such as YouTube.
By setting a new bandwidth throughput record on its own Content Delivery Network (CDN), Rumble demonstrates its capability to handle significant traffic, which is important for future scalability. The ability to manage increased data flow smoothly is an important aspect for any streaming service, especially during high-demand events. This capability is likely to attract more content creators seeking reliable streaming platforms, further driving user growth.
Additionally, the fact that Rumble's content creators, such as Dan Bongino and Steven Crowder, were able to rank in the top 5 live streams globally indicates strong audience loyalty and preference for Rumble over traditional corporate media. This trend could potentially lead to higher ad revenue and subscription growth as more users migrate to the platform.
However, investors should consider the competitive landscape. While Rumble's growth is notable, it operates in a market dominated by tech giants like Google and Facebook, which have vastly larger user bases and resources. Rumble's continued success will depend on its ability to innovate and sustain user engagement without conceding to these behemoths.
From a financial perspective, Rumble's record-setting performance during the debate night can be viewed as a positive indicator for its upcoming quarterly earnings. Higher user engagement typically translates to increased ad revenue, which is a primary revenue stream for video-sharing platforms. If Rumble can consistently attract large audiences for major events, it will likely see a surge in ad spend directed towards its platform.
Moreover, the statement from CEO Chris Pavlovski about the significant audience seeking election coverage on Rumble, rather than corporate media, suggests a potential shift in media consumption habits. This shift could position Rumble favorably in the market, attracting advertisers looking to reach a politically-engaged audience. The increased bandwidth throughput also signals Rumble's readiness for further expansion and its ability to support higher traffic volumes, which is a positive sign for future revenue growth.
Nevertheless, investors should be cautious and monitor Rumble's ability to sustain this momentum beyond high-profile events. The company's financial health is still contingent on its performance during non-peak periods and its overall user retention rate.
LONGBOAT KEY, Fla., June 28, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced that it set a new record for concurrent live stream viewers on the platform during debate night in America on Thursday, as content creators discussed the matchup between President Joe Biden and former President Donald Trump. According to Streams Charts, a third-party streaming analytics firm, Rumble hit a peak of 718,909 concurrent live viewers, the highest number yet reached for the platform. The company also set a new bandwidth throughput record on its own CDN (Content Delivery Network).
“Last night we learned that Rumble is the place America goes to for election coverage that isn’t filtered or censored, and the size of that audience is much larger than we initially anticipated,” said Rumble Chairman and CEO Chris Pavlovski. “It is now confirmed that a significant audience wants election 2024 coverage on Rumble and not on corporate media.”
Streams Charts showed that Rumble content creators Dan Bongino and Steven Crowder were in the top 5 live streams in the world across all streaming platforms on Thursday night, with Bongino’s Rumble audience size ranking 3rd globally, even surpassing NBC News’ viewers on YouTube. Both channels saw well over 2 million views combined.
ABOUT RUMBLE
Rumble is a high-growth video platform and cloud services provider that is creating the rails and independent infrastructure designed to be immune to cancel culture. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com.
Contact: press@rumble.com
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