Parler billed itself as a free speech platform, which rose to prominence on the right. That didn't stop it from dissolving, as users were greeted this morning with a message that the Twitter alternative had been sold and shut down.
Digital media conglomerateย Starboard confirmed Friday that it had bought Parler for an undisclosed amount.
As the Financial Post reports:
The move comes months after the collapse of a deal that would have seen American rapper Kanye West, who now goes by Ye, buy the platform's parent company Parlement Technologies.
Starboard, formerly Olympic Media, founded in 2018 houses conservative-leaning platforms American Wire and BizPac Review. It plans to service โunsupported online communitiesโ and build a home for them โaway from the ad-hoc regulatory hand of platforms that hate them.โ
The Arlington, Virginia-based conglomerate did not immediately respond to a Reuters request for details on terms of the deal. However, it said the acquisition will be accretive by the end of second quarter 2023.
In September, Parler announced that it has restructured into Parlement Technologies Inc and bought Irvine, California-based private cloud services company Dynascale Inc.
In a press release, Starboard noted, โNo reasonable person believes that a Twitter clone just for conservatives is a viable business any more.โ
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3 Comments
another commie
I used Parler rarely now heavy on Truth Social & Gettr
There is also Gab.