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.
ReelTime VR/ReelTime Media (OTC PINK:RLTR) has acquired 100% of LoudMouth Media Inc. from CBMJ for 1.0M shares of Restricted Common Stock. This acquisition enhances ReelTime's media offerings, capitalizing on LoudMouth's established distribution network that reaches over 700 radio stations in the USA and 128 in Canada. CEO Barry Henthorn anticipates expanding content and distribution significantly. The acquisition aligns with ReelTime's strategy towards media asset growth, while CBMJ aims to integrate its operations post-acquisition.
CBMJ (OTC:CBMJ) has successfully sold 100% of its subsidiary, LoudMouth Media Inc., to ReelTime Media (OTC:RLTR) for 1 million shares of Restricted Common Stock in exchange for 5 million shares of LoudMouth. LoudMouth News is the first and longest-running radio program focusing on marijuana industry news, airing on over 700 U.S. and 128 Canadian stations. The acquisition aims to enhance ReelTime's distribution network and content scope. CBMJ emphasizes a strategic shift towards focusing on its recent acquisition of Patriot Depot.
CBMJ announced its intention to acquire 100% of the assets of USA Depot, which includes its subsidiary, Patriot Depot. This all-stock transaction involves the issuance of 40M shares and aims to close between May 31 and June 15, 2021. The acquisition is expected to double CBMJ's annual revenue to approximately $7M. Floyd Brown, Chairman of USA Depot, will join CBMJ's Board of Directors. The merger is anticipated to enhance operational efficiency and revenue potential through combined resources in the conservative retail market.
CBMJ Inc. reported record revenue of $816K for Q1 2021, a 642% increase from $127K in Q1 2020. EBITDA rose to $67K, up $45K year-over-year. Key growth drivers include product sales from its e-commerce site Store.FlagandCross.com, email database rental, consulting services, advertising revenue, and coffee sales. The company retains a strong positioning with diversified services, aiming to enhance client relationships in a challenging environment.
Conservative Broadcast Media & Journalism (OTC:CBMJ) reported a remarkable 118% year-over-year revenue growth for 2020, achieving $2.4M, up from $1.1M in 2019. Net income surged to $450K, compared to $115K the previous year. The company's strategy includes strategic acquisitions, such as Military Grade Coffee and J. Vincent Creative Digital Marketing Agency, and the development of its own social media platform. With an opt-in email database exceeding 12M addresses and multiple e-commerce sites, CBMJ is poised for continued growth in 2021.
CBMJ’s Vallorani and Trump Cigars will be featured at The Palm Event on March 21, 2021, at the Mar-a-Lago Club in Palm Beach, FL. Following last year's success, a special selection of Vallorani's cigars, including the popular 'Trump' cigars, will be available for attendees. The outdoor event will ensure safety with sanitation stations and room for social distancing. Founder Brandon Vallorani expressed excitement over the invitation, celebrating the opportunity to showcase their Old World cigars among prestigious brands at a charitable motorsport event.
On March 10, 2021, Conservative Broadcast Media & Journalism (OTC:CBMJ) announced its acquisition of J. Vincent Creative Digital Marketing Agency (JVC) based in Atlanta, GA. This strategic move expands CBMJ's digital marketing capabilities and client base while enhancing revenue streams. The acquisition grants CBMJ access to JVC's SEO, web design, and digital advertising expertise, along with additional assets like e-commerce websites and social media support. The partnership is expected to broaden CBMJ's clientele beyond its politically conservative focus.
Conservative Broadcast Media & Journalism (OTC:CBMJ) reported significant growth following its coverage at the recent CPAC event in Orlando, where President Trump delivered a keynote speech. The company noted a surge in opt-in email subscribers from 1.2 million to over 8 million and monthly page views exceeding 10 million. Furthermore, record monthly revenues surpassed $250,000, and CBMJ completed key acquisitions enhancing its media presence. President Vallorani emphasized building connections and plans for a stronger CPAC 2022 presence, with a focus on news coverage from Washington.
Conservative Broadcast Media & Journalism (OTC:CBMJ) is gaining traction, featured on Bloomberg's 'The Under The Radar Minute' due to rising demand for uncensored news. Notably, CBMJ's opt-in email subscribers surged from 1.2 million to over 5 million, with monthly page views exceeding 10 million. Monthly revenues now surpass $250,000, attributed to strategic acquisitions including Flag & Cross and Military Grade Coffee. President Brandon Vallorani highlighted the company's impressive growth amid increasing censorship pressures, asserting their commitment to free speech and independent journalism.
Canna Consumer Goods, Inc. (OTCPK: CBMJ) has closed the acquisition of DeDonato Enterprises, increasing its revenue potential with DeDonato generating approximately $2 million annually. This acquisition is expected to enhance revenue per share, EBITDA, and earnings per share immediately. Following the acquisition, CBMJ plans to change its name to "Conservative Broadcast Media & Journalism" to align with its growth strategy, although the ticker symbol CBMJ will remain unchanged. The CEOs of both companies express optimism about future growth and additional acquisitions.