Kanye West to acquire conservative social media platform Parler

Kanye West is acquiring Parler, the alternative social media platform favored by many conservatives.

Parler’s parent company announced the deal on Monday morning, saying West had made “a groundbreaking move into the free speech media space and will never have to fear being removed from social media again.”

The acquisition comes after West, who has legally changed his name to Ye, was temporarily locked by Twitter this month over an antisemitic tweet.

Exact terms of the Parler deal weren’t disclosed, though Parler said it must still enter into a definitive agreement with West and expects to close in the fourth quarter. Parler’s parent, Parlement Technologies, would remain involved by providing technical services and cloud support.