PeopleSocial MediaTechnology

Ye agrees to buy conservative social media platform Parler after bans from Instagram and Twitter

1 Mins read

Monday, October 17, Parlement Technologies announced via a news release that Ye, formerly known as Kanye West, has agreed to purchase the conservative social media platform Parler.  

In this statement, the rapper and fashion designer commented, “In a world where conservative opinions are considered to be controversial, we have to make sure we have the right to fully express ourselves.”

Ye is acquiring Parler just over a week after his Instagram and Twitter accounts were restricted. This was in response to the rapper’s posting of antisemitic comments and conspiracy theories. Ye also questioned the cause of George Floyd’s death, and his statements have Mr. Floyd’s family considering a lawsuit.  

Parler, which has attracted supporters of former President Trump, was launched in 2018. Based out of Nashville, the network calls itself “the world’s pioneering uncancelable free speech platform” and rallies against censorship. It was founded in direct response to other social media networks considered by some to be biased against conservative opinions.

The platform claims to have raised $16 million in September. This amount brings its total funding to $56 million. Parler is a direct competitor of Truth Social, the network founded by Trump’s media group in 2021. Parler and Truth Social are considered alternative social media networks or alt-tech, popular among those with extremely conservative views. 

Approximately 6% of adult social media users frequently search for news from at least one of seven alt-tech sites. In addition to Truth Social and Parler, these platforms are Rumble, Telegram, Gab, Gettr, and BitChute. The survey that gathered this data also found that 38% of the 10,188 participants had heard of Parler. Despite these networks having a fairly small user base, posters claim they have found like-minded company on these sites.

The price tag for this purchase was not disclosed, and the sale is expected to be finalized in the fourth quarter of this year. 

Earlier this month, Ye made more headlines by disrupting his own YZY show by wearing a T-shirt featuring the text “White Lives Matter.” This prompted Adidas, the manufacturer of the wildly popular Yeezy shoes and clothing, to re-examine its collaboration with Ye. Whether or not the purchase of Parler has any impact on this evaluation remains to be seen.


1305 posts

About author
DN News Desk is the editorial wing of Digital Nod, an award-winning digital PR & marketing agency. Committed to delivering timely and insightful news coverage of global events, DN News Desk's team of seasoned journalists and editors ensures that readers are well-informed about the latest developments across various domains. With a finger on the pulse of current affairs, DN News Desk strives to provide accurate, balanced, and thought-provoking articles that shed light on the ever-evolving global landscape. From breaking news to in-depth features, DN News Desk's contributions aim to empower readers with knowledge and perspectives that matter.
Related posts

Bruce Willis' Wife Opens Up About His Battle with Frontotemporal Dementia

1 Mins read
Emma Heming Willis, wife of renowned actor Bruce Willis, opened up about her husband’s battle with frontotemporal dementia in an interview with…

Unlock Your Financial Potential: Carlos Cerezo Arribas Leads the Way

1 Mins read
In the fast-paced world of finance, where numbers often overshadow the human touch, Carlos Cerezo Arribas emerges as a beacon of true…

Bad Bunny: Why I Keep My Relationship with Kendall Jenner Private

1 Mins read
In a recent interview with Vanity Fair for his October 2023 cover story, Bad Bunny, whose real name is Benito Antonio Martínez…