Listen Live
Close
Poster for the "Cash Money No Limit Tour" featuring Birdman, Master P, Juvenile, Mannie Fresh, Silkk the Shocker, B.G., Mia X, Mac, Fiend, Mercedes, Choppa, and Mr. Serv-On, with special guest Lil Boosie, at the Lenovo Center in Raleigh on September 19.
  • TMTG reported that it generated $871,200, up 6% year over year, in the first quarter while also reporting a $405.9 million net loss and a $387.8 million adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) loss for the first quarter of 2026.
  • The embarrassing financial news comes on the heels of Devin Nunes' departure from the role last month. Nunes was a Republican and former U.S. Representative from California who had served as CEO of TMTG since 2022.
  • Kevin McGurn, who previously worked at Hulu, Vevo, and T-Mobile, is now interim CEO.

Trump Media Suffers $405.9 Million Net Loss In First Three Months of 2026 - Page 10 was originally published on hiphopwired.com