MEDIA GROUP

Feb 20 2025POLITICS

Justice in the Crosshairs: Trump's Media Group Takes Aim at Brazilian Court

A media company linked to former President Donald Trump has taken a bold step by filing a lawsuit against a Brazilian Supreme Court justice. This move comes just hours after former Brazilian President Jair Bolsonaro, a close ally of Trump, faced indictment. The lawsuit, filed in a U. S. federal court in Tampa, Florida, alleges that Justice Alexandre de Moraes violate...

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Nov 01 2024FINANCE

Trump's Fortune Dives as Stock Plummets

This week, former President Donald Trump's fortune took a big hit. His stake in Trump Media & Technology Group dropped by about $2. 4 billion. The company's stock, known as DJT, saw a sharp decline of almost 40% in two days. This sudden drop happened even after the stock had skyrocketed recently. The company owns the Truth Social app and has been attracting a lot of ...

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Oct 12 2024ENTERTAINMENT

Allen Media Group Faces New Layoffs

Layoffs are happening again at Byron Allen's Allen Media Group. The company, known for owning various TV stations and The Weather Channel, has cut jobs from its weather, news, and sports teams, as well as other divisions. This latest round of cuts affects The Weather Channel, its streaming service HBCU Go, Entertainment Studios, and ad sales. A spokesperson for the c...

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