WSJ News Exclusive | Parler Set to Be Shut Down Temporarily by New Owner

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WSJ News Exclusive | Parler Set to Be Shut Down Temporarily by New Owner
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Parler, a social network that was popularized by supporters of former President Donald Trump, has been sold to a buyer that plans to temporarily shut it down

Parler, a social network that was popularized by supporters of former PresidentParent company Parlement Technologies Inc. said Friday it has agreed to sell Parler to digital media company Starboard, months afterwith rapper Kanye West fell apart. The platform will go offline while Starboard, which recently changed its name from Olympic Media, develops a plan to eventually relaunch a revamped version of the site.

“It’s going to take a breath of fresh air,” said Ryan Coyne, chief executive and founder of Starboard, which owns conservative-leaning news sites such as American Wire News and BizPac Review. He said the deal poses an opportunity for Starboard to service “unsupported online communities by building a home for them away from the ad hoc regulatory hand of platforms that hate them.”Parler was founded in 2018 and pitched as a “free speech Twitter alternative.” It grew in popularity among conservatives, including far-right talk-show host and conspiracy theorist Alex Jones.

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