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.
Conservative Broadcast Media & Journalism (CBMJ) has raised an additional $230K in Q1 2022 to consolidate its multiple e-commerce stores into a single superstore, Patriot Depot (patriotdepot.com). CEO Ford Jordan anticipates that this consolidation will improve efficiencies in product distribution and shipping. The company plans to file its annual report, including full-year results for 2021, by March 31, 2022. CBMJ operates various online platforms and maintains one of the largest databases of conservative and religious audiences.
CBMJ Inc. (OTC:CBMJ) reported a significant 68% increase in Q4 2021 revenue, rising from $785K in 2020 to $1.32M. Full-year revenue also surged 82% to $4.44M compared to $2.43M in 2020. The company attributes this growth to e-commerce sales, which made up 75% of total revenue. Despite strong sales, net income goals were not met due to inventory adjustments, increased shipping costs, and advertising censorship. The appointment of Hanford Jordan as CEO of subsidiaries aims to address these challenges and achieve a 10% earnings target for 2022.
CBMJ Inc. (OTC:CBMJ) has announced the appointment of Hanford Jordan as the new CEO for its subsidiaries DeDonato Enterprises and Patriot Depot. Jordan, who also serves as COO/CFO at Liftable Media and CEO of Western Journal, brings extensive experience in e-commerce and data analytics. His leadership is expected to facilitate the merger of the two companies, enhancing opportunities in publishing and journalism. The company's digital marketing approach targets a conservative audience, leveraging its substantial social media presence and email database.
Summary not available.
CBMJ Inc. (OTC:CBMJ) has announced the launch of its popular online show, The Schaftlein Report, as a podcast on Apple Podcasts. The show, hosted by CEO Mark Schaftlein, features discussions with various experts including military leaders and economists. With a growing national audience, the podcast aims to reach commuters and provide an engaging alternative to traditional talk radio. CBMJ operates a network of political websites and has a significant online presence, including over 12 million email subscribers.
CBMJ Inc. (OTC:CBMJ) reported a significant increase in quarterly revenue for Q3 2021, totaling $1.3M, up 82% compared to $714K in Q3 2020. Year-to-date revenue also rose to $3.12M, from $1.64M in the same period last year. The company plans to launch a new superstore on Black Friday to consolidate its e-commerce offerings and reduce costs. CEO Mark Schaftlein emphasized the integration of recent acquisitions and the focus on recurring advertising revenue through increased traffic to their news site.
On September 22, 2021, CBMJ's CEO Mark Schaftlein announced a transaction in which he acquired 31 million shares of restricted common stock and $30,000 of convertible debt, now totaling $57,775. This acquisition increases his company's control to 17% of total issued shares, doubling his ownership. The plan is to reduce convertible debt to minimize shareholder dilution, having already eliminated $144,608 in the past two quarters. Directors now hold 162.5 million restricted shares (45% of total). This new structure aims to build long-term shareholder value.
CBMJ Inc. (OTC: CBMJ) announces the launch of Klicked Digital, a digital marketing agency aimed at conservatives, which has generated $300,000 in revenue in 2021. CEO Brandon Vallorani projects significant revenue growth for 2022. Klicked Digital addresses challenges faced by conservative companies, including censorship and social media expulsion, through services like email marketing and SEO. With over a decade of experience in conservative media, the Klicked team aims to help clients navigate a politically charged environment, enhancing client visibility and revenue.
CBMJ Inc. (OTC: CBMJ) reported record revenue of $1.827M for the first half of 2021, a 96% increase from $932K in 2020. Q2 2021 marked the company's first quarterly revenue surpassing $1.0M, with June 2021 achieving the highest revenue ever at $452K and preliminary net income margins around 8%. The growth is attributed primarily to the e-commerce site Store.flagandcross.com and the recently acquired Patriot Depot.
Management aims for $7.0M in revenue over the next year.
CBMJ Inc. has successfully acquired 100% of USA Depot, Inc. and its subsidiary, Patriot Depot, effective June 4, 2021. This acquisition is expected to double annual revenue to approximately $7 million. The all-stock deal, involving the issuance of 40 million shares of restricted common stock, positions CBMJ to enhance its market presence in the conservative retail sector, offering a wide range of products from apparel to patriotic gifts. New board member Floyd Brown aims to leverage this acquisition for future growth opportunities and shareholder returns.