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anye West has reportedly agreed in principle to purchase social media platform Parler, according to PRNewswire. The rap megastar and entrepreneur, who is worth approximately $2 billion, has cited the need for a space for conservative opinions to be allowed to be disseminated freely. The current CEO of Parler is George Farmer, husband of conservative commentator Candace Owens.
Parlement Technologies is pleased to announce that it has entered into an agreement in principle for Ye, formerly known as Kanye West, to acquire the Parler platform. The acquisition ensures Parler a future role in creating an uncancelable ecosystem where all voices are welcome. pic.twitter.com/KXdhV71prl
— Parler (@ParlerMedia) October 17, 2022
“In a world where conservative opinions are considered to be controversial we have to make sure we have the right to freely express ourselves,” West said in a statement released by Parler.
The terms of the acquisition are not currently fully known. According to a press release from last month, Parler has secured approximately $56 million in funding. “The new capital will fuel Parler’s vision to leapfrog the industry by building the world’s premier free speech technology infrastructure and platform”, according to the statement.
Farmer added, “We are entering a new era as Parlement Technologies, one that goes far beyond the boundaries of a free speech social media platform.”
