We’re seeing very, our CPMs are holding as we add inventory, which means we’re going to continue to add inventory. And, we’ve really seen a clear picture here in the last couple of months. And, in particular March is showing — is really strengthening our confidence on RAC right now.
Jason Helfstein: And last question is, Brandon. We noticed there was an acquisition North River in the 10-K, just a little color there?
Brandon Alexandroff: Yes, that’s the components of RAC basically. So, there’s some technology and human capital. It’s a company that we acquired, and that’s the foundation for us building out RAC.
Jason Helfstein: Okay. Thank you.
Operator: Our next question is a follow-up from Tom with Maxim Group. Please proceed.
Tom Forte: Great. So, last three for me. Truth Social de-SPAC was one of your first cloud computing enterprise customers. Does the de-SPAC can have any positive implications for Rumble, especially your cloud computing effort?
Chris Pavlovski: Hi, Tom, this is Chris. So yes, I think that the de-SPAC is a great development for Truth Social. It puts a lot of capital in their bank and allows them to grow the platform now. So, them being our one of our largest tenants on the Rumble Cloud and the first major one to come onto Rumble Cloud. That’s pretty exciting for us that they can they have the capital now to grow and do what they need to do to take Truth Social to the next level. So, as a long-term client and also as an advertising partner where we’re monetizing them, they’re one of our first publishers as well. This is a very positive development for us that we’re very excited about internally.
Tom Forte: Excellent. All right. So, then this one, Chris, you’re going to have to indulge me. I know you’ve talked a lot about sports content, but, I’m still in disbelief that Mike Tyson is going to fight Jake Paul in the livestream on Netflix. The whole thing there, I think, is just crazy. But that said, you’ve done real well in the past with sports content. Can you provide an update on your sports related content, including its popularity?
Chris Pavlovski: Yes. So, we saw an incredibly successful event from Street League Skateboarding that kind of surprised us all in the fourth quarter in December. Typically, we didn’t see Street League Skateboarding kind of move the needle for us in any way, but they definitely moved the needle in Q4 December with their latest event. And, on the other sporting, we also have Nitro Rallycross racing and then we also have Power Slap that’s exclusive. What we’re seeing with Power Slap is that we’re seeing a very good trajectory on the Power Slap front as well. The last event that we had was a Super Bowl weekend where we had people from like Travis Scott to Charles Barkley to many, many even IShowSpeed and Kai Cenat show up. So, we had a lot of influencers come to that event, really push the event to new levels.
So, we’re seeing some nice trajectory also in Power Slap. So, in terms of sports and then obviously attaching Barstool on, the Rumble Sports category is doing quite well at this point, and has some good trajectory, especially with the most recent events that it’s had.
Tom Forte: Great. All right. So, last one for me and thanks again for taking all my questions. So, wanted an updated thoughts on antitrust regulation, including laws being considered in Canada. I was wondering what impact, if any, there’d be for Rumble if TikTok was banned from U.S. app stores. And lastly, would you benefit if Apple had to lower its take rate for its App Store?
Chris Pavlovski: I’ll start with the take rate, absolutely. For Rants and tipping within the app that would be very helpful to have a lower percentage there. With respect to TikTok, we obviously put that letter out publicly. We’re very interested in being a technology partner in any consortium that goes forward with TikTok. We want to be part of that conversation. I do believe that companies like Google and Meta would have antitrust concerns. So, they can’t be part of that in my opinion. And, the only company out there that has the experience in video and the experience in managing a video platform and even the experience in working on recommendation engines and algorithms for video, the one that it comes to mind is Rumble. So, obviously we feel like there’s opportunity there with TikTok if something happens in terms of divestiture, we’d love to be part of a consortium on that.
