We don't... hold on, we're cutting the intro short. Now hold on, where am I hearing the music in the backdrop? Chris sir, how goes the battle? Hold on, you are on me, I'm on mute. Okay, that's better. Right, that's good. Some uh Steve Britain in our locals community says via you're going to run the song for three full minutes. We're cutting it short. That song five times August Liars, Cheats, and Crooks, and you have the link to Apple Music there to make it number one. Uh Chris, thank you for coming on. For everyone who doesn't know, this is Chris Pavlovski. You look younger and younger every time I see you. You and Trump get younger with age, it's wild. We got a little younger after the last election, so that's what it was. CEO of Rumble for anybody who might not know that. Chris, I took this interview so seriously I had to shave my beard so I look a little less haggard and ragged. Sir, how goes the battle?
It goes. It's uh I think we won the battle as far as I'm concerned right now. I think we got to take that battle to different pastures like Canada and see what we can do over there. But the US is looking pretty good. Not to get ahead of ourselves, and I'm watching Bonino as regularly as everybody else. Yeah, there has been a significant victory on the American front, and you know, gonna keep a little bit of pressure on the Trump administration not to hire too many swamp creatures back into an admin. But no, taking it to Canada is the goal now.
But Chris, latest developments with Rumble. There have been a bunch. I mean you talked about it yesterday with The Quartering, and some people might not know who I keep wanting to say Dr. Nefario but that's Russell Brand's character out of Despicable Me. Dr. Disrespect, you signed a big gamer for Rumble. What does that mean for those who don't know who he is and what does it mean for Rumble?
Yeah, so he's one of the largest gamers, I think on the internet, top five at least, some days top one, number one. And we have been really pushing the gaming sector a lot recently. And what I wanted to do is really kind of give it an injection the same way we kind of gave Rumble an injection when we brought on Dan Bonino. We wanted someone to really take that pole and really lead the gaming side, and that's what we did with Dr. Disrespect. He's now going to start on December 2nd on Rumble. He'll be exclusively providing content to Rumble Premium, so he'll be multi-streaming both on YouTube and Rumble, and then exclusively providing that content to Premium. So he's going to be bringing his whole Champions Club to Rumble and all his viewers to Rumble, which, just like Dan when he came to Rumble early on in late 2020, it was the rising tide that raised all boats. And that's kind of the effect that we're looking for here in the gaming community. We got politics on lock. The next two categories are going to be crypto and gaming. Those are what I'm really focused on when it comes to growing Rumble. So that's what we're going to be stepping the gas pedal on right now.
So with that, we're going to get to actually the crypto part in a bit as well. But you know, a lot of people think that Rumble is just a free speech platform and so good for conservative commentators or the left-wing commentators who get turned into right-wing extremists. Do you know, like Dr. Disrespect, he does streams that are like seven hours long, they get close to a million views sometimes if not more. Have the gamers expressed any issues that they have on YouTube in terms of why Rumble is the alluring alternative, if not becoming the mainstream platform?
I think the issues that people see when it comes to Rumble is that we don't have that viewership that other platforms have in that category. And that's exactly what he's going to help do. He's going to help drive that viewership, help raise the tide to raise all the boats. So that's probably the largest complaint. Obviously we have product features that we need to really integrate. One of them is going to be gifted subs, that's going to be very important for the gaming community, and we're hoping to roll that out here before the end of the year. And then in terms of everything else, I think we're pretty up to speed now that we have this super low latency for all our premium members and super high quality streaming. I think we're really ready for it, and I think this is the future for 2025 on Rumble: really attacking these two categories and really ultimately building something that is unique, something a little different than YouTube and very different than Netflix, and bringing in kind of a hybrid model of a let's call it a YouTube Premium Netflix. One thing that YouTube Premium doesn't provide is having exclusive content with creators. We want to take it a step further and provide that through Rumble Premium. So anybody that's a Rumble Premium subscriber is not only going to get the premium experience which is access to early features, the green check mark, a no advertising experience, but they're also going to be able to get high quality content, exclusive content, maybe documentaries, maybe movies in the future, whatever we can attract on the platform. It'll be open to whoever wants to bring content into Premium. And I believe we can have something very special both on this hybrid experience of YouTube and Netflix, and that's where we're putting the gas, pouring the gas right now, and that's where we're stepping on the pedal. And Dr. Disrespect is the latest addition of that.
Um, the YouTube Premium, 100 bucks a year and you get no ads in all of these other perks that you mentioned. Rumble Premium, yes. YouTube Premium I believe is now going to be going up to $20 a month, so it's going to be significant. I never even got YouTube Premium because I don't care to support them anymore than I have to. I've got Rumble Premium. In absolutely what I meant, actually just one quick question because this is coming from Encryptus on our local side and it's going to dovetail into another question. What other tech products verticals is Rumble going into, and do they want to hire a highly skilled AI expert? Chris, I might have to give you this guy's name afterwards.
Yeah, pass that on because we're really pushing the pedal on recommendations in AI to try to help discovery a lot. So that's something that's very important to us right now. In terms of new products that we're going to be offering in the new year, and I've said this a few times now, we want to introduce a creator program that is going to be unlike any other creator program out there. So early next year we're going to be launching our own creator program which I think can revolutionize the way in which we're going to pay out creators. It's going to be very rewarding to creators that work very hard, put in the hours, and provide exclusive content to Rumble Premium. And that's something that we're really keen on launching with our new dashboard for creators. So you hit certain metrics and you do certain things within Rumble, you'll then qualify. And it won't be a subjective qualification, this will be a very objective qualification based on milestones. You hit those milestones and then you'll immediately be enrolled into this creator program which will then provide you far greater revenue opportunities than you typically see on any other platform. So that's what we're driving towards as the new thing for Rumble in early 2025. And gaming and crypto are the two categories that we're looking to propel that.
Now I'm gonna ask you this question because I know that first of all there was a lawsuit filed in terms of the advertiser boycott or the organized campaign to demonetize Rumble as a platform. Anything public that you can discuss in terms of the status of that lawsuit and how that interplay now is working with Rumble Studio and the real-time auction for ads on Rumble Studio?
No update that I can provide publicly yet. Where it did leave off is that obviously we've updated our lawsuit to include more defendants in the GARM lawsuit, and we obviously saw GARM disband itself a couple days after we filed. So no updates yet, but it's something that I think is going to change very rapidly. And what we did say in our earnings call recently is that we did get one advertiser that did cancel us come back. I'm not able to say the name yet, but they'll be deploying ad budget in December. So things are changing. I'd like it to be faster, but sometimes slow and steady wins the race. We did get one advertiser back in the fold, which is great news, and it's a big, very well-known advertiser that everyone knows. And it happens very slowly, then all at once when they realize this is where the eyeballs are for long format content. I don't care what they say, people want to advertise where the eyeballs are, set aside the political discrimination that they've been engaging in.
Second Amendment channels, Chris. Have you, is Rumble looking at those? Because I know that they systematically get demonetized on YouTube and they're massive and have wildly engaged followings.
Oh no, we absolutely are. This is a very important category to us. That's one I already kind of considered part of the free speech category in a way. Like in terms of drift categories like gaming and crypto, I think they're very much different than what we currently have. But in terms of the Second Amendment, gun tube, we're all in on that. We're looking at as much as we can do on that front, talking to as many people as possible to see how we can do that and make it work.
Okay, now last question before we get into the crypto. Rumble investing in Bitcoin. Some people are concerned or nervous as to what happens when locals gets fully integrated into Rumble, or some people are concerned that locals will cease to exist, that it'll be merged into the aggregate of Rumble. What locals is going to continue to exist as a standalone product, standalone community?
Yes. So we're at this point what we're trying to do is give them greater options on Rumble. You can do a lot of these things on Rumble. If you continue to want to use locals, you're more than welcome to. We find that the bigger complaint right now is that people don't like promoting Rumble and then locals, it takes away a lot of the oomph. So we're trying to get all those features into Rumble as quickly as possible. So we'll see where that goes. As of this moment right now, we're all about keeping those two brands integrated as much as possible but also separated in the sense that there's zero plan right now to remove that platform. It's here to stay for the moment.
And I lied, it's not the last one. The last question before getting into the crypto. Netflix ran the one of the Paul Brothers, I forget which Paul it was, Mike Tyson fight, lagging, delays, spinning wheels. Rumble is very well, I mean it's already ahead of the game with Power Slap, or at least it was. Any possibility of getting into that market and not siphoning but competing with Netflix?
I do think Netflix is taking pages out of our book. We were the first ones to do that when bringing in slap fighting on Rumble Live. And I think that Netflix is going to become more like Rumble in a lot of ways, and Rumble with Rumble Premium is kind of becoming a little bit more like them. And I think there's going to be a convergence of all these markets. It's going to take a couple years, but it's going to happen. And you're going to see basically a lot of different platforms with a lot of different exclusive content, and it's almost going to be like cable TV with different cable networks. You're going to have different platforms with their own types of content. And I think a lot of these companies are here to stay, whether it's YouTube or Netflix or Rumble. All these companies eventually will converge and they'll all have their own lanes with their own content, and everyone's going to pick what they like and what they don't like and kind of go into maybe flip-flop between those different platforms or maybe be dedicated to only one. But I do see the 1970s and 80s cable networks kind of being the new platforms of today. So I think that's kind of where the market's going to go in the next decade. Remains to be seen, but that's what we're betting on and that's how we're designing things here at Rumble to go forward.
Okay, very cool. And now the Rumble investing in Bitcoin, publicly disclosed in Investopedia was talking about it, planning to allocate part of its cash reserve to Bitcoin. I'm going to get a second part of that question, but what's that about and how far along is that?
Well, we just approved with our board that we're going to have a Bitcoin treasury strategy. We're all in on Bitcoin as a company. We love this community. Just like we're moving into the gaming community, we're going into the crypto community. And one of the things that I think is very important is to not be disingenuous when you enter these communities. You got to really mean it, really want to be in it. And I think having a Bitcoin treasury shows how much we mean it and how bullish we are on this community for Rumble. When you look at Bitcoin and you look at Rumble, you almost kind of feel the same kind of ethos: freedom of speech, Bitcoin decentralization, all kind of goes hand in hand. These are two things that operate very close to each other. If there's any company that's going to step into this first and do it first, it has to be Rumble. Rumble is the same in my opinion. So stepping in, obviously we're not the first ones to do it, but in terms of a brand platform, we are the first brand platform to do it that I can think of publicly. But it's something that I think is very important. It shows how genuine we are about this community. It also shows that we're pretty confident about the forward years of our business and where it's going to go. So I'm excited. I think this is a pretty cool move that I think many other companies in the future will follow. I do think this will be a corporate strategy amongst the biggest companies in the world one day. And I think Rumble being one of the first movers is important. That's what we wanted to do: show our commitment to the community, show that we believe in it, and we want to be there first.
And a treasury means is it just a hard investment? I don't know, some of these platforms offer a bit of interest on the investment, but is it just investing a fixed amount in Bitcoin?
Yeah, it's just taking some of our excess cash that we have that we won't need and moving some of that into holding Bitcoin instead of holding cash.
Okay, and the other question that this flows into is in terms of allow first of all other cryptocurrencies. Bitcoin, any Litecoin, any what's the other one there, Ethereum, or is it going to be specific to Bitcoin?
This is exclusively for Bitcoin.
Okay, and then the other question that people are asking is crypto transactions on the platform. I have no idea what goes into allowing that, but is that on the horizon for Rumble?
We are, this is a big step that we want to take. We're definitely looking for a partner right now and we're talking to a few in order to integrate. And one of the things we're looking for is a partner that's going to be using our cloud. So if we're going to support their platform, we want them to support ours. That's something we're very much looking at right now and something that I do want to integrate as soon as possible. So yes, we love the ability for people to tip and to be able to subscribe in crypto. We like the ability to pay creators in crypto. How we're going to manage that and how we're going to do it remains to be seen, but it's something that I'm very keen on getting done and finding the right partner to do it.
Okay, very cool. And something that you talk about a lot and I don't think people fully appreciate what it means or at least what the options are. Rumble Cloud services is in fact competing with AWS. You've built your own cloud, you've built your own services so that people no longer have to be reliant on the highly politicized AWS. Can you flesh that out for what it means for people who might not know that they even need to or want to use Rumble Cloud services?
Yeah, so Rumble Cloud is a competitor to AWS, a competitor to Oracle, a competitor to Microsoft Azure and Google Cloud and many others. But generally speaking, as we all saw what happened to Parler many years ago, companies like Amazon that don't carry the same ethos and the same values as Bitcoin or as Rumble will press a button and shut you down if they want to. So we came up with Rumble Cloud. We've been building it for the last four years and we launched it this year publicly for public use earlier this year, I think in second quarter or late first quarter. And the idea is basically giving everybody the option to pick a cloud that has the same values that they might have in terms of freedom of expression and how we do business, rather than the big tech companies. In addition to that, I also believe the current market in the cloud business is like an oligopoly. It is an oligopoly controlled by a couple big companies that control the majority of the market and they price gouge quite a bit. So not only do you have the ethos that you have with Rumble on Rumble Cloud, but you also have the ability to really cut costs as well. I think there's an opportunity there to save people a lot of money by moving over to Rumble Cloud. So both on the ethos and on the price competitiveness, that's where we're attacking when it comes to Rumble Cloud.
Um, I this is a question from our local community, Cuddlefish, and I think it was on the table a little while ago. Have you considered short clips like Reels added to the platform? I recall that Rumble was working on something like the equivalent of shorts.
Yeah, so we're definitely that's something that we've been working on. That got delayed till earlier next year just because we reshifted our priorities. We're really focused on gifted subs, reposting, and the new creator dashboard and the new creator program. So we want to get those out the door before we get that out the door. So once we get those out the door, a lot more attention will be towards Rumble shorts.
All right, and now for those who might have missed the last earnings call, and if you know the numbers offhand, I mean viewership, it's an amazing thing when you see like the top three, top five live streams on Earth are on Rumble. What are the most important metrics for Rumble: new users, daily users, unique users? Can you share those numbers and how they're evolving over quarters?