Conservative-oriented social media platform Parler has announced that it has agreed to a contract with Kanye West for the music and design mogul to acquire the company.
The deal with West, who is now legally known as Ye, comes just a week after his accounts on Twitter and Instagram were locked out due to comments deemed to be antisemitic that he made on the platforms. In one tweet, he wrote about his intention to “go death con 3 On JEWISH PEOPLE.”
Parler has announced “Ye, formerly known as Kanye West, is set to to acquire” the social media platform. pic.twitter.com/alSvP6YAsk
— PatriotTakes 🇺🇸 (@patriottakes) October 17, 2022
West said in a press release announcing the agreement that “in a world where conservative opinions are considered to be controversial, we have to make sure we have the right to freely express ourselves.”
Parlement Technologies is the parent company that owns Parler. CEO George Farmer said in a Monday press statement that Ye’s acquisition of the platform will “change the world.”
Farmer also said that Ye is “making a groundbreaking move into the free speech media space and will never have to fear being removed from social media again.” He added that Parler is honored to help him stay “one step ahead of the legacy media narrative.”
Farmer also appeared on Monday morning on Fox Business Network, where he told “Mornings with Maria” host Maria Bartiromo: “Parler needs Ye in many ways, because Parler needs this brand to expand.” He also said Parler would provide Ye with the power to expand his social media presence.
Farmer said the deal came together quickly after West was deplatformed by Twitter and Instagram.
Parler and West said that a finalized purchase agreement is being hammered out and the transaction is expected to close before the end of the year. Specific terms of the deal were not released by either party in the Monday morning statements. Farmer did acknowledge that Parlement will continue to provide hosting and engineering services for the Parler platform after the acquisition.
Parler gained some national attention in January 2021 when the platform’s mobile app was removed from the Apple and Google app stores. Amazon Web Services also dropped Parler from its cloud computing service at that time. The tech giants all said Parler had not done enough to censor posts about the incidents of January 6, 2021. The Parler app has since been made available for download again by Google and Apple.