$2 billion-worth Kanye West To Buy Social Media Firm, Parler, After Twitter Ban

American Hip Hop artist, Kanye West, has reached an agreement in principle with Parlement Technologies to acquire social media platform, Parler.

Kanye West had reportedly offered to buy Parler after Twitter and Instagram suspended his accounts for posting what both social media platforms viewed as anti-semitic post.

The ‘Gold Digger’ crooner was first banned from Instagram for anti-semitic post while ranting, which violates the policies of the platform owned by Mark Zuckerberg. 

He later went on Twitter to continue is rants, and one of his post was also flagged by Twitter. His suspension has once again raised the issue around free speech on social media platforms. 

Free speech is one of the mativating factors behind the decision of the world’s richest person, Elon Musk, to buy Twitter. The $44 billion deal is yet to be completed. 

Days after Kanye West was locked out of Twitter and Instagram, Parlement said it has began negotiation with the Yeezy founder to acquire their social media platform, which has raised $56 million from investors. 

In a statement on Monday regarding the deal, $2 billion-worth Kanye West said, “In a world where conservative opinions are considered to be controversial we have to make sure we have the right to freely express ourselves.” 

Parlement explained that an uncancelable ecosystem where all voices are welcome will be enabled by the deal. According to the firm, the deal will change the world. 

It added that should the acquisition of Parler be finalised, it will change the way 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. 

“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.”