- Fortune examined dozens of business filings from the U.S. and abroad and spoke to seven sources about Perception TV, the company building the tech infrastructure that powers Trump Media & Technology Group’s Truth Social video streaming services. We found a “no questions asked” policy at Perception and previous companies connected to its founders, who have worked in the past with Chinese and Russian state-backed propaganda networks, Islamist television channels, and Iranian corporations. TMTG chose to work with Perception despite the fact that in the past it did business with now-sanctioned entities.
Earlier this year, two obscure companies from Northern Louisiana brokered a multimillion-dollar deal with former President Donald Trump’s Truth Social and walked away with a finders’ fee valued at $155 million.
The companies—WorldConnect IPTV and JedTec—formed a joint venture, named WorldConnect Technologies, which served as the middleman between Trump Media & Technology Group (TMTG) and Perception TV CDN, the company hired to build the tech infrastructure needed to power Truth Social’s foray into video streaming.
To better understand the nature of TMTG’s burgeoning media holdings and the companies building it, Fortune examined dozens of business filings from the U.S. and abroad, and spoke to seven sources that previously worked with Perception’s cofounders, its current chair Matjaz “Matt” Vidmar and CEO John Mills.
