Kanye West has purchased conservative social media platform, Parler

Information reaching Kossyderrickent has it that Kanye West has purchased conservative social media platform Parler. (Read More Here).

“In a world where conservative opinions are considered to be controversial, we have to make sure we have the right to freely express ourselves,” 

— Kanye West in a statement following the announcement that he will be acquiring rightwing social media platform, Parler

Parlement Technologies CEO George Farmer welcomes Ye as a compatriot in the fight for free speech. “This deal will change the world, and change the way the world thinks about free speech. Ye is making a groundbreaking move into the free speech media space and will never have to fear being removed from social media again. Once again, Ye proves that he is one step ahead of the legacy media narrative. Parlement will be honored to help him achieve his goals.”

Under the terms of their agreement in principle, the parties intend to enter into a definitive purchase agreement and expect to close during the fourth quarter of 2022. The terms of the proposed transaction would include ongoing technical support from Parlement and the use of private cloud services via Parlement’s private cloud and data center infrastructure.

The rapper formerly known as Kanye West is offering to buy right-wing friendly social network Parler shortly after being booted off Twitter and Instagram for antisemitic posts.

The acquisition of Parler would give West, legally known as Ye, control of a social media platform and a new outlet for his opinions with no gatekeeper.

Parlement Technologies, which owns the platform, and West said the acquisition should be completed in the fourth quarter, but details like price were not disclosed. Parlement Technologies said the agreement includes the use of private cloud services via Parlement’s private cloud and data center infrastructure.

Ye, was locked out of Twitter and Instagram a week ago over antisemitic posts that the social networks said violated their policies. In one post on Twitter, Ye said he would soon go “death con 3 on JEWISH PEOPLE,” according to internet archive records, making an apparent reference to the U.S. defense readiness condition scale known as DEFCON.

The potential purchase of Parler would give Ye control of a social media platform and a new outlet for his opinions with no gatekeeper.

“In a world where conservative opinions are considered to be controversial we have to make sure we have the right to freely express ourselves,” Ye said in a prepared statement.

The acquisition could also breathe new life into Parler, which has struggled amid competition from other conservative-friendly platforms like Truth Social. Parler, which launched in August 2018, didn’t start picking up steam until 2020. But it was kicked offline following the Jan. 6, 2021 attack on the U.S. Capitol. A month after the attack, Parler announced a relaunch. It returned to Google Play last month.

“This deal will change the world, and change the way the world thinks about free speech,” Parlement Technologies CEO George Farmer said in a prepared statement.

Parler, based in Nashville, was founded in 2018 by John Matze and Rebekah Mercer, the daughter of the billionaire hedge fund manager and Breitbart founder Robert Mercer. The company, which has sought to rail against censorship and presented itself as “free speech,” added a content moderation layer to the platform last year in bid to be restored by Apple’s App Store.

Parler has amassed little over 250,000 monthly active users on its iOS and Android apps, according to market intelligence platform Sensor Tower. (The data was shared to TechCrunch by an industry executive.) In a survey of over 10,000 people, Pew Research reported earlier this month that 38% had heard of Parler.

Parlement Technologies chief executive George Farmer said in a statement: “This deal will change the world, and change the way the world thinks about free speech. Ye is making a groundbreaking move into the free speech media space and will never have to fear being removed from social media again. Once again, Ye proves that he is one step ahead of the legacy media narrative. Parlement will be honored to help him achieve his goals.”