Lawsuit seeks to block Trump Media from charging for early access to Trump's U.S. policy posts
- Donald Trump was sued in federal court to stop him from profiting from a paid Truth Social service that gives early access to his posts on U.S. policy.
- The lawsuit says the service, called Truth API, gives paying customers near-immediate access to posts about war, tariffs and other policy issues.
- Plaintiffs include the Freedom of the Press Foundation and The Intercept, which argue official presidential statements should be available to everyone at the same time.
- Trump Media said selling fast data access is common in the industry and accused the plaintiffs of trying to censor the president.
- The company said Trump Media has also given Truth Social exclusive access to his posts for six hours before they can be distributed elsewhere.
- The case comes as Trump Media is losing hundreds of millions of dollars per quarter and its stock has fallen sharply since going public.
President Donald Trump was sued in federal court in New York over a paid Truth Social service that offers customers early access to his posts about U.S. policy. The plaintiffs say the arrangement lets paying users see market-moving statements before the public and should be stopped.
The lawsuit, filed by the Freedom of the Press Foundation and The Intercept, argues that official presidential announcements should be available on equal terms to the press and the public. It says the new Truth API service violates constitutional protections by charging for faster access to government-related information.
Trump Media said the service is consistent with industry practice and rejected the claims as an attempt to silence the president. The company also said Trump Media is being targeted in a way that could hurt shareholders.
The dispute could be seen as mildly negative for Trump Media shares, since it adds legal and reputational risk around a paid product tied to Trump’s posts. The article also notes that the company has been losing heavily and its stock has fallen well below its post-IPO level.
诉讼要求禁止特朗普媒体就特朗普涉美政策帖子收取提前访问费
特朗普因 Truth Social 上一项付费服务被起诉到纽约联邦法院。原告希望阻止这项服务继续运作,因为它会让付费客户提前看到特朗普关于美国政策的帖子。
这起诉讼由新闻自由基金会和 The Intercept 提起。原告诉称,总统的正式表态应当向媒体和公众同时公开,而不是通过收费方式向部分客户提供更快访问。
特朗普媒体回应称,快速数据访问在行业内很常见,并否认相关指控,称这是试图压制总统发声。公司还表示,此举可能损害股东利益。
就市场层面看,这一事件对特朗普媒体股价的潜在影响偏中性至略偏利空,因为它增加了法律和声誉风险,且报道同时提到公司持续亏损、股价较上市初期明显下跌。