Rumble’s Stock Surges Following Streaming Partnership with Dr Disrespect

Rumble Inc. saw a 13% increase in shares after announcing their streaming deal with Dr Disrespect, a well-known online personality. Dr Disrespect will be leading Rumble Gaming and will stream both free and premium content on the platform, with his debut show scheduled for December 2nd. The agreement includes equity as a significant part of his compensation.

Rumble Chairman and CEO, Chris Pavlovski, expressed excitement about this partnership, stating that Dr Disrespect will bring a much-needed boost to their gaming category. This news caused the stock to rise, adding $233 million in market value and reaching its highest level since May.

It’s worth noting that earlier this year, Guy Beahm’s YouTube channel was demonetized after reports about his ban from Twitch in 2020. Despite these challenges, Beahm remains optimistic and has applied to have his YouTube channel re-monetized, although his previous application was rejected.

Rumble, which went public in 2022 with backing from Peter Thiel and Vice President-elect JD Vance, has seen a 63% increase in its stock this year. However, the company experienced a slight decline in mid-November after reporting revenue that fell below analyst estimates.

Overall, the partnership with Dr Disrespect has generated excitement and growth for Rumble Inc., highlighting the continuous evolution and expansion of the streaming entertainment industry.