Post by LFC on Apr 21, 2023 14:37:06 GMT
Parler has been shut down. Bold mine.
Parler, the self-described “uncancelable free-speech social platform” that catered to right-wing users — which was nearly acquired by Kanye West last year — has been shut down by its new owner.
“No reasonable person believes that a Twitter clone just for conservatives is a viable business any more,” Arlington, Va.-based digital media company Starboard said in announcing Friday that it had acquired Parler. The terms of the deal are not being disclosed; Starboard said it expects the deal to be accretive by the end of the second quarter of 2023. Starboard’s deal to buy Parler closed on April 7.
Instead of continuing to offer Parler as a consumer-facing social service, Starboard said it would leverage Parler’s assets across its existing businesses as well as provide information-technology services to customers in “marginalized or even outright censored communities – even extending beyond domestic politics.” Starboard said the Parler acquisition gives it an opportunity to “begin servicing unsupported online communities – building a home for them away from the ad-hoc regulatory hand of platforms that hate them.”
“Parler’s large user base and additional strategic assets represent an enormous opportunity for Starboard to continue to build aggressively in our media and publishing business,” Starboard CEO Ryan Coyne said in a statement. “The team at Parler has built an exceptional audience and we look forward to integrating that audience across all of our existing platforms.”
“No reasonable person believes that a Twitter clone just for conservatives is a viable business any more,” Arlington, Va.-based digital media company Starboard said in announcing Friday that it had acquired Parler. The terms of the deal are not being disclosed; Starboard said it expects the deal to be accretive by the end of the second quarter of 2023. Starboard’s deal to buy Parler closed on April 7.
Instead of continuing to offer Parler as a consumer-facing social service, Starboard said it would leverage Parler’s assets across its existing businesses as well as provide information-technology services to customers in “marginalized or even outright censored communities – even extending beyond domestic politics.” Starboard said the Parler acquisition gives it an opportunity to “begin servicing unsupported online communities – building a home for them away from the ad-hoc regulatory hand of platforms that hate them.”
“Parler’s large user base and additional strategic assets represent an enormous opportunity for Starboard to continue to build aggressively in our media and publishing business,” Starboard CEO Ryan Coyne said in a statement. “The team at Parler has built an exceptional audience and we look forward to integrating that audience across all of our existing platforms.”
Two thoughts. First, Musk seems to be hellbent on turning Twitter into Parler, or at least a chunk of it. Second, you have to wonder if the company that bought Parler knew it was a stinko idea up front but felt it could monetize the users since they are the most gullible in America. It certainly seems like they're going to cater to the fringes.