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Alexandria, VA – April 14, 2023 – Starboard (Formerly, Olympic Media) announced today that it has concluded the acquisition of Parler, the world’s pioneering uncancelable free speech platform.
No reasonable person believes that a Twitter clone just for conservatives is a viable business any more. By refocusing on the cloud and IT infrastructure space George Farmer has done an exceptional job at successfully leading Parlement into a critically important industry where it has already begun to excel.
Starboard is the perfect home for the Parler brand and its longtime loyal users. “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. The team at Parler has built an exceptional audience and we look forward to integrating that audience across all of our existing platforms.” said Ryan Coyne, CEO of Starboard.
While the Parler app as it is currently constituted will be pulled down from operation to undergo a strategic assessment, we at Starboard see tremendous opportunities across multiple sectors to continue to serve marginalized or even outright censored communities – even extending beyond domestic politics.
Advancements in AI technology, along with the existing code base and other new features, provide an opportunity for Starboard to begin servicing unsupported online communities – building a home for them away from the ad-hoc regulatory hand of platforms that hate them. The terms of the acquisition are not being disclosed although Starboard expects the deal to be accretive by the end of Q2 2023.
Parler's new owner immediately took the social network offline 'No reasonable person believes that a Twitter clone just for conservatives is a viable business.' Jon Fingas|@jonfingas|April 14, 2023 12:56 PM
Months after Ye dropped his bid, Parler has a new owner... and is out of commission for the time being. Starboard, the owner of pro-conservative news outlets like American Wire News, has shut down Parler on a temporary but indefinite basis after completing its acquisition of the social network from Parlement Technologies. The buyer says it will conduct a "strategic assessment" of the platform during the downtime, and hopes to integrate Parler's audience into all its existing channels.
Starboard isn't shy about its strategy. While it still sees a market for communities that believe they've been censored or marginalized, it considers a Parler revamp virtually necessary. "No reasonable person believes that a Twitter clone just for conservatives is a viable business any more," the company says.
Parler launched in 2018 as a self-proclaimed free speech alternative to Twitter, which some conservatives claim is biased against right-wing views. It had few rules or moderation controls. Like Gab, though, it also became a haven for people with extreme views. Parler drew flak in January 2021 after word that people involved in the Capitol attack used the social platform to coordinate. Apple and Google kicked Parler off their respective app stores until it improved moderation and kept out users inciting violence.
Ye offered to buy Parler from Parlement in late 2022 after being banned from Twitter for antisemitic posts, but called off the deal in mid-November through a mutual agreement that cited the star's "business difficulties" as a factor. Soon after, Parlement laid off most of its staff. The firm is pivoting to cloud services for businesses that believe they could be knocked offline for their content.
originally posted by: MichiganSwampBuck
I won't be checking out anything by Dan Bongino anymore either, he should have made some kind of announcement (maybe he did I don't pay much attention to him anyways).
originally posted by: MichiganSwampBuck
a reply to: tanstaafl
I didn't know that. I did follow him on Parler though. I stand corrected I guess.
originally posted by: F2d5thCavv2
a reply to: MichiganSwampBuck
That bit about "no reasonable person" is presumptuous. That turned me off to the rest of their text.
Cheers