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 (RUM) reported strong Q4 2024 results with record revenues of $30.2 million, up 48% year-over-year. The platform achieved 68 million Monthly Active Users (MAUs), with significant growth in U.S. and Canada reaching 52 million users, a 21% sequential increase.
The company secured a strategic $775 million investment from Tether, resulting in $250 million gross proceeds. Average Revenue Per User (ARPU) increased 18% to $0.39. However, net loss widened to $236.8 million, primarily due to a $184.7 million derivative expense related to the Tether investment.
Notable developments include signing popular creators Dr Disrespect and Tim Pool, establishing cloud services agreement with El Salvador's government, and implementing a $20 million Bitcoin treasury strategy. The company expects Q1 2025 revenue growth of at least 25% and aims for Adjusted EBITDA breakeven in 2025.
Rumble (NASDAQ:RUM) has announced the launch of Rumble Live, a new linear livestreaming service featuring continuous creator content for news, commentary, and entertainment. The platform introduces Rumble Raiding technology that enables seamless transitions between shows, with content simultaneously appearing on creators' individual channels.
Starting March 24th, several creators, including Steven Crowder, will exclusively stream on Rumble, discontinuing their YouTube livestreams. The company has revealed its daytime programming schedule, with afternoon and evening lineups pending announcement.
The platform's content roster includes notable personalities such as Donald Trump Jr., Kimberly Guilfoyle, Dave Rubin, Kim Iversen, Glenn Greenwald, Hayley Caronia, Jimmy Dore, Redacted News, and Badlands. The Quartering will temporarily occupy the 1:00 p.m. slot before Russell Brand takes over that time slot the week of March 24th.
Rumble (NASDAQ: RUM) has scheduled its Q4 and full year 2024 financial results release for March 25, 2025, before market open. The company will host a conference call at 11:00 a.m. Eastern Time on the same day.
Following the earnings call, Rumble's Chairman, Founder and CEO Chris Pavlovski will participate in a live interview with Matt Kohrs, streamed on Kohrs' Rumble channel using Rumble Studio. Viewers will have the opportunity to submit questions during the live stream.
Additionally, Rumble management will participate in the 37th Annual ROTH Conference from March 16-18, 2025, in Dana Point, CA, with a fireside chat scheduled for March 17 at 1:00 p.m. PT.
Rumble (NASDAQ:RUM) has announced the purchase of approximately 188 Bitcoin at an average price of $91,000 per coin, totaling $17.1 million as part of its previously announced Bitcoin treasury strategy. This investment aligns with the company's plan to allocate up to $20 million to Bitcoin.
The video-sharing platform and cloud services provider views this move as a strategic expansion into cryptocurrency and a hedge against inflation. CEO Chris Pavlovski emphasized that these holdings won't face dilution like government-issued currencies.
The company maintains flexibility in its Bitcoin strategy, with future purchases dependent on market conditions, Bitcoin trading price, and Rumble's cash needs. Management retains discretion to suspend, discontinue, or modify the allocation strategy at any time.
Rumble (NASDAQ:RUM) and Trump Media secured a significant legal victory as a U.S. federal court ruled that censorship orders from Brazilian Supreme Court Justice Alexandre de Moraes have no legal authority in the United States.
The U.S. District Court for the Middle District of Florida determined that Moraes's directives were not properly served under U.S. or international law, as they weren't delivered through the Hague Convention or the U.S.-Brazil Mutual Legal Assistance Treaty (MLAT). The court stated it would intervene if any attempts were made to enforce these orders on U.S. soil.
The ruling establishes that neither Rumble nor Trump Media are required to comply with these censorship demands, marking a precedent against foreign judicial interference with American platforms.
Rumble (NASDAQ:RUM) announced that content creator Dan Bongino has been appointed as Deputy Director of the FBI in the Trump Administration. CEO Chris Pavlovski praised Bongino's contribution to the platform, highlighting his role as one of the first major creators to join Rumble in 2020 and his record-setting livestreaming performances.
Bongino, who remains a significant shareholder in Rumble, has been instrumental in the platform's growth by bringing new viewers. The company noted that revenue derived from Bongino's content through third-party advertising arrangements is not material to Rumble's finances. The platform expects to continue increasing its user base and looks forward to Bongino's potential return after his government service.
Rumble (NASDAQ:RUM) and Trump Media & Technology Group (TMTG) have filed a lawsuit against Brazilian Supreme Court Justice Alexandre de Moraes for violating First Amendment protections by ordering the suspension of U.S.-based accounts. The lawsuit, filed in the U.S. District Court for the Middle District of Florida, seeks to declare these orders unenforceable in the United States.
The case centers around a political dissident who fled Brazil in 2021 and whose extradition request was rejected by the U.S. in March 2024. Despite this rejection, Moraes continued pursuing censorship orders targeting the dissident's content on American platforms. In December 2023, Rumble temporarily disabled access in Brazil rather than comply with content removal demands.
The lawsuit argues that foreign courts cannot unilaterally dictate speech on American platforms without U.S. government authorization. TMTG joined the lawsuit as it relies on Rumble's services for TRUTH Social's operations, including cloud hosting and video streaming.
Rumble (NASDAQ:RUM) announced that content creator Tim Pool is bringing his programming to the platform, with significant content becoming exclusive to Rumble Premium starting February 11, 2025. Pool's content lineup includes Timcast.com content (exclusive to Rumble Premium subscribers and existing Timcast members), Timcast IRL (available five days weekly), and The Culture War (weekly posting).
Pool plans to expand his exclusive programs to include sports, gaming, and feature-length documentaries. Rumble CEO Chris Pavlovski emphasized the platform's role as the new home for exclusive content from creators with large, active followings.
Rumble (NASDAQ: RUM), the high-growth video platform and cloud services provider, announced that the White House has established an official channel on its platform. The White House channel is now accessible at rumble.com/whitehouse, marking a significant development in the platform's institutional reach.
Rumble (NASDAQ: RUM) has completed a strategic investment of $775 million from Tether ($USDT), the largest digital assets company and most widely used dollar stablecoin with over 400 million users. The transaction involved Tether purchasing 103,333,333 shares of Rumble Class A Common Stock at $7.50 per share.
Of the proceeds, $250 million will be allocated to support growth initiatives. Additionally, Rumble has completed its tender offer, purchasing 70,000,000 shares of its Class A common stock for $525 million. The tender offer saw 70,061,168 shares validly tendered, with purchases made on a pro-rata basis, except for odd lots which were accepted in full.
The company's existing Board and governance structure, including Chris Pavlovski's super-majority voting control, remains unchanged. Cantor Fitzgerald & Co. acted as dealer manager, with Oppenheimer & Co. serving as capital markets advisor.
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