Welcome to our dedicated page for Conservative Broadcast Media & Journalism news (Ticker: CBMJ), a resource for investors and traders seeking the latest updates and insights on Conservative Broadcast Media & Journalism stock.
Conservative Broadcast Media & Journalism, Inc. (CBMJ) is the parent company of Patriot.TV, a digital-first conservative streaming network. The CBMJ news feed on Stock Titan aggregates company press releases and media updates that explain how Patriot.TV is expanding its programming, distribution, and advertiser relationships within the conservative media space.
Recent CBMJ news highlights Patriot.TV’s reported audience milestones on platforms such as Rumble, as well as the addition of high-profile conservative hosts and shows. Announcements have covered programs like The JD Rucker Show, WAR Zone with Wayne Allyn Root, The Wayne Dupree Show, This Is My Show with Drew Berquist, and The David Pollack Show, which the company presents as key drivers of viewership and engagement.
Investors and followers can also find coverage of CBMJ’s strategic moves, including the acquisition of The Conservative Playbook newsletter and website, partnerships with outlets such as The Gateway Pundit, and an advertising alliance with Evergreen Media Partners. Company releases link these developments to a broader narrative of growth in conservative, faith-based media and a shift toward streaming platforms.
This news page is useful for readers who want to follow CBMJ’s own description of Patriot.TV’s trajectory, programming changes, audience metrics, and monetization initiatives. By reviewing the ongoing stream of press releases, users can see how the company frames its position in relation to legacy media and other conservative outlets and track how management communicates its strategy to the market.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Conservative Broadcast Media and Journalism (CBMJ) released its quarterly report on November 16, 2022. The company reported a loss of $0.01 per share and an operating loss of $159K, alongside a non-cash charge of $3.5M. As part of the strategic move to downsize, CBMJ completed the sale of its e-commerce business, returning 59.76 million shares and reducing its outstanding share count to 359.4 million. The company aims to refocus on its web business, which includes client services, database management, and consulting.
Conservative Broadcast Media & Journalism (CBMJ) announced the sale of its E-Commerce business for $1.247 million to Stonewall Enterprises, including $120,000 in cash and $380,000 in notes. The deal also involves returning 59,760,000 shares to treasury, valued at $747,000. This strategic move allows CBMJ to focus on high-margin businesses like media and web development, aiming to reduce operating expenses and achieve positive cash flow. Post-transaction, the issued shares stand at 359.4 million.