Dr Disrespect Will Lead Rumble Gaming & Join Rumble Premium
Rhea-AI Summary
Rumble (NASDAQ:RUM) announced that popular streamer Dr Disrespect will join the platform and lead Rumble Gaming as an advisor. The agreement includes equity with milestones as primary compensation. Dr Disrespect will provide exclusive content through Rumble Premium for his 'Champions Club' community while continuing free streams. His first Rumble stream is scheduled for December 2, 2024. The platform is offering new subscribers a $10 discount with promo code VSM. This move aligns with Rumble's strategic focus on expanding into gaming and crypto sectors.
Positive
- Strategic partnership with major gaming influencer Dr Disrespect
- Equity-based compensation structure aligns with long-term growth
- Expansion into gaming sector with established industry leader
- New premium content offering potential revenue stream
Negative
- Equity-based compensation may lead to future dilution for shareholders
News Market Reaction
On the day this news was published, RUM gained 12.63%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
LONGBOAT KEY, Fla., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that Dr Disrespect has joined Rumble and will be streaming his popular content on the platform. As part of an agreement that includes equity with milestones as a majority of its compensation, Dr Disrespect will provide exclusive content to Rumble Premium for his “Champions Club” community. Dr Disrespect will also lead Rumble Gaming, acting as an advisor and helping to build the Rumble Gaming community.
Dr Disrespect is one of the world’s best-known online streamers, continuously in the top charts. He became known for playing battle royale games such as “Call of Duty,” “H1Z1,” and “PUBG: Battlegrounds” on Twitch and YouTube.
Dr Disrespect’s first stream on Rumble will be on December 2, 2024, and you can find his Rumble channel here. He will continue to stream his free show on Rumble, with additional exclusive content available to subscribers of his community through Rumble Premium. As part of the launch of Dr Disrespect’s exclusive gaming content, Rumble will be offering a
“Rumble is in a new era, and I’m laser-focused on expanding into two categories: gaming and crypto,” said Rumble Chairman and CEO Chris Pavlovski. “Dr Disrespect will give a much-needed injection into our gaming category.”
Earlier this year, Rumble also launched the X handle @GamingOnRumble, which features updates and news about streamed gaming content on the platform.
ABOUT RUMBLE
Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. 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