Kanye West will soon own a social media platform.
Parlement Technologies, the current owner of the conservative "free speech platform" Parler, has recently announced that Kanye West, now known as "Ye," has bought Parler following his ban from Twitter and Instagram for anti-semitic comments.
Parler rose to prominence following the Capitol riots on Jan. 6, 2021, during the last days of the Trump administration, with it becoming the central communication hub of those who participated in the event.
Kanye West - Parlement Technologies Acquisition Deal
Parlement Technologies mentioned that it had entered into an agreement in principle to sell Parler to Ye, who the company said is taking "a bold stance" against his recent censorship from tech giants, namely Instagram and Twitter.
You may remember that Ye was locked out of his Instagram and Twitter accounts due to his antisemitic posts, with him declaring on Twitter he would go "death con 3" on Jewish people when he woke up the following day.
For those unaware, "death con 3" refers Defense Readiness Condition (DEFCON) 3, a military term to denote increased force readiness in the military to respond to any outside threat, per Veteran.com.
Meanwhile, Ye used his Instagram account to accuse fellow rapper Sean "Diddy" Combs of being controlled by Jewish people, which is consistent with a long-standing anti-semitic conspiracy theory, per the BBC.
As a result of Ye's actions, both social media platforms have banned him from using his accounts for an undisclosed amount of time.
Parlement expects that Ye's acquisition of Parler will bring the social media platform into a future role in creating an "uncancelable ecosystem" where all voices are welcome.
Ye reinforces Parlement's sentiment on the matter, saying that humanity must always have the right to freely express itself in a world where "conservative opinions" are considered controversial.
Parlement's Reaction To Ye's Acquisition of Parler
Meanwhile, Parlement CEO George Farmer stated that he welcomes Ye as a "compatriot" in the fight for free speech, saying that the deal they made will change the world and how 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," Farmer said. "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."
Ye's acquisition of Parler is set to close during the fourth quarter of 2022, with Parlement running technical support for Parler while hosting its private cloud services through its private cloud and data center infrastructure.
Parler was reinstated on Apple and Google's respective app stores after being assured that Parlement would closely monitor content shared on the app and would enforce a modified version of its content moderation policies if necessary.
The app was previously used for various ends during the Capitol riots on Jan. 6, 2021, following Trump's defeat in the 2020 presidential elections, which saw Joe Biden as the next president of the US.