Rumble stock jumps on exclusive Dr Disrespect deal

Rumble shares surged by up to 17%, marking the highest intraday rise since July. This significant spike occurred following the announcement that the popular streamer Dr Disrespect will exclusively stream his content on the video-sharing platform and cloud services provider.

Rumble revealed that the partnership includes an equity deal, where the majority of Dr Disrespect's compensation will be tied to achieving specific milestones.

The agreement stipulates that Dr Disrespect will generate exclusive content for Rumble Premium, particularly for his 'Champions Club' community. This move is expected to bolster the platform's content offerings and attract a dedicated fanbase.

Dr Disrespect, known for his prowess in battle games like "Call of Duty," "H1Z1," and "PUBG: Battlegrounds," has a substantial following from his time on Twitch and YouTube.

In addition to providing content, Dr Disrespect will take on a leadership role within Rumble Gaming. His responsibilities will include acting as an advisor and contributing to the development of the Rumble Gaming community. This dual role aims to leverage his popularity and expertise to enhance the gaming segment of the platform.

The first stream featuring Dr Disrespect on Rumble is scheduled for Dec. 2. To celebrate this new venture and the launch of Dr Disrespect's exclusive gaming content, Rumble is offering a $10 discount for new subscribers who join his community.

This promotional effort is likely designed to quickly ramp up the subscriber base and capitalize on the streamer's influential presence in the gaming world.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Source: Investing.com