Following in the steps of President Trump and Elon Musk, Ye, the artist formerly known as Kanye West, may soon own his own social media platform.
Parler, which describes itself as the premier global free speech platform, agreed to a deal in principle to sell itself to the controversial rapper and fashion designer, the company said Monday.
The move comes after Instagram and Twitter suspended Ye after he shared a series of racist and antisemitic statements on both social media platforms. The rapper said the bans prompted his decision to buy the company.
“When I got kicked off of Instagram and Twitter at the time, I knew it was time to acquire my own platform,” Ye told Bloomberg News on Monday. “People had talked about it and mentioned this idea for years, but enough was enough.”
Parler welcomed the deal, saying: “The acquisition ensures Parler a future role in creating an uncancelable ecosystem where all voices are welcome.”
So what is Parler?
Launched in 2018, Parler is based in Nashville. It is one of a string of new social media sites and web platforms that have become a home for right-wing supporters who feel alienated by the tightening policies of bigger sites like Facebook and Twitter against hate speech and violent rhetoric.
The platform describes itself as a “welcoming, nonpartisan Public Square” that prides itself on not limiting users’ speech — even when it is offensive, such as the comments West made earlier this month.
Twitter suspended Ye’s account after he said he was going “death con 3 on JEWISH PEOPLE,” the latest in several outbursts that have been peppered with antisemitic tropes.
“Parler’s content policies are based on the principle of individual rights — including everyone’s inalienable rights to speak freely and think for themselves,” Amy Peikoff, head of policy and legal at Parler, said in a statement. “While Parler has always prohibited violent or other rights-violating content, we agree with Nadine Strossen and other scholars that ‘objectionable’ but otherwise lawful speech is best addressed by allowing or encouraging more speech.”
Any attacks on the basis of race, sex, sexual orientation/identity, religion are flagged by filters that users can choose to use, Peikoff added.
Apple and Google last year removed Parler from their app stores following the deadly Jan. 6 attack on the U.S. Capitol, saying the company hadn’t done enough to curb threats to safety.

Hollie Adams/Getty Images Europe/TNS
The Parler logo on a smartphone. (Hollie Adams/Getty Images/TNS)
Who owns it?
Parler’s backers include conservative political donor Rebekah Mercer, according to CNN.
Parler’s parent company CEO George Farmer is married to Candace Owens, the commentator who has been supporting Ye as he has gone on various outbursts.
The conservative firebrand was at Ye’s side at the YZY runway show during Paris Fashion Week, where the pair sparked a backlash by wearing “White Lives Matter” shirts (a slogan popularized by fascist and neo-Nazi groups).
Parler focuses on politics, health and social issues and does not fact-check users, said Jennifer T. Edwards, executive director, Texas Social Media Research Institute at Tarleton State University.
“Parler is a niche social media platform on which conservatives feel the most comfortable. Users flock to sites that make them feel like they belong,” Edwards said.
How big is Parler?
Parler doesn’t have the reach of Twitter or Meta-owned Instagram.
Its appeal appears to have waned this year in the face of competition from startups targeting right-wing users.
In the U.S., Parler had 725,000 monthly active users in the first half of 2022, compared with 5.2 million in the same period last year, according to data analytics firm Data.ai.
Its ranking tumbled from third place among social/micro blogging apps in the U.S. in the first half of 2021 to 10th in the first half of this year.
Who else does it compete with?
Parler has been overtaken in the rankings by former President Trump’s Truth Social and Gettr (founded by ex-Trump aide Jason Miller).
It also faces competition from Gab — the microblogging and social networking service known for its far-right userbase, where posters include Congresswoman Marjorie Taylor Greene — as well as Me.We, Rumble and DLive.
But being owned by Ye could be a boost to Parler.
“Through West’s efforts, Parler has the potential to become more mainstream,” Edwards said. “People who have never heard of the social media platform will flock to it, merely out of curiosity.”
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Kanye West to buy right-wing friendly Parler
JIM COOPER
Singer Kanye West poses on a rooftop in the SOHO section of New York, June 2, 2004. (AP Photo/Jim Cooper)
JIM COOPER
Singer Kanye West poses on a rooftop in the SOHO section of New York, June 2, 2004. (AP Photo/Jim Cooper)
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Kanye West to buy right-wing friendly Parler
MARK J. TERRILL
Kanye West, center, gestures as Gretchen Wilson accepts her award for breakthrough favorite artist at the 32nd annual American Music Awards, Sunday, Nov. 14, 2004, at the Shrine Auditorium in Los Angeles. West was also nominated for breakthrough favorite artist. (AP Photo/Mark J. Terrill)
MARK J. TERRILL
Kanye West, center, gestures as Gretchen Wilson accepts her award for breakthrough favorite artist at the 32nd annual American Music Awards, Sunday, Nov. 14, 2004, at the Shrine Auditorium in Los Angeles. West was also nominated for breakthrough favorite artist. (AP Photo/Mark J. Terrill)
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Kanye West to buy right-wing friendly Parler
RIC FRANCIS
Artist Kanye West, right, is congratulated after receiving 10 Grammy nominations as singer Anita Baker, left, applauds Tuesday, Dec. 7, 2004, in Los Angeles. The 47th Annual Grammy Awards will be presented February 13, 2005. (AP Photo/Ric Francis)
RIC FRANCIS
Artist Kanye West, right, is congratulated after receiving 10 Grammy nominations as singer Anita Baker, left, applauds Tuesday, Dec. 7, 2004, in Los Angeles. The 47th Annual Grammy Awards will be presented February 13, 2005. (AP Photo/Ric Francis)
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Kanye West to buy right-wing friendly Parler
MARK J TERRILL
Kanye West, nominated in 10 categories including best new artist, arrives at the 47th Annual Grammy Awards Sunday, Feb. 13, 2005, at the Staples Center in Los Angeles. (AP Photo/Mark J. Terrill)
MARK J TERRILL
Kanye West, nominated in 10 categories including best new artist, arrives at the 47th Annual Grammy Awards Sunday, Feb. 13, 2005, at the Staples Center in Los Angeles. (AP Photo/Mark J. Terrill)
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Kanye West to buy right-wing friendly Parler
KEVORK DJANSEZIAN
Kanye West performs "Jesus Walks" at the 47th Annual Grammy Awards Sunday, Feb. 13, 2005, at the Staples Center in Los Angeles. (AP Photo/Kevork Djansezian)
KEVORK DJANSEZIAN
Kanye West performs "Jesus Walks" at the 47th Annual Grammy Awards Sunday, Feb. 13, 2005, at the Staples Center in Los Angeles. (AP Photo/Kevork Djansezian)
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Kanye West to buy right-wing friendly Parler
REED SAXON
Kanye West poses with his three awards at the 47th Annual Grammy Awards on Sunday, Feb. 13, 2005, at the Staples Center in Los Angeles. West won for best rap album, best rap song and best R&B song. (AP Photo/Reed Saxon)
REED SAXON
Kanye West poses with his three awards at the 47th Annual Grammy Awards on Sunday, Feb. 13, 2005, at the Staples Center in Los Angeles. West won for best rap album, best rap song and best R&B song. (AP Photo/Reed Saxon)
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Kanye West to buy right-wing friendly Parler
CHRIS CARLSON
Rapper Kanye West performs at the NFL Kickoff Celebration Thursday, Sept. 8, 2005, at the Coliseum in Los Angeles. (AP Photo/Chris Carlson)
CHRIS CARLSON
Rapper Kanye West performs at the NFL Kickoff Celebration Thursday, Sept. 8, 2005, at the Coliseum in Los Angeles. (AP Photo/Chris Carlson)
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Kanye West to buy right-wing friendly Parler
MARK J. TERRILL
Kanye West accepts the award for best rap album for "Late Registration" at the 48th Annual Grammy Awards on Wednesday, Feb. 8, 2006, at the Staples Center in Los Angeles. (AP Photo/Mark J. Terrill)
MARK J. TERRILL
Kanye West accepts the award for best rap album for "Late Registration" at the 48th Annual Grammy Awards on Wednesday, Feb. 8, 2006, at the Staples Center in Los Angeles. (AP Photo/Mark J. Terrill)
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Kanye West to buy right-wing friendly Parler
REED SAXON
Kanye West holds his three awards in the air backstage at the 48th Annual Grammy Awards on Wednesday, Feb. 8, 2006, in Los Angeles. West won for best rap album, solo and song. (AP Photo/Reed Saxon)
REED SAXON
Kanye West holds his three awards in the air backstage at the 48th Annual Grammy Awards on Wednesday, Feb. 8, 2006, in Los Angeles. West won for best rap album, solo and song. (AP Photo/Reed Saxon)
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Kanye West to buy right-wing friendly Parler
MAX NASH
U.S. rapper Kanye West arrives at London's Earl's Court for the 2006 music Brit Awards, surrounded by gold painted models, Wednesday Feb. 15, 2006. (AP Photo/Max Nash)
MAX NASH
U.S. rapper Kanye West arrives at London's Earl's Court for the 2006 music Brit Awards, surrounded by gold painted models, Wednesday Feb. 15, 2006. (AP Photo/Max Nash)
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Kanye West to buy right-wing friendly Parler
MARK J. TERRILL
Jamie Foxx, left, and Kanye West perform "Gold Digger" at the 48th Annual Grammy Awards on Wednesday, Feb. 8, 2006, in Los Angeles. (AP Photo/Mark J. Terrill)
MARK J. TERRILL
Jamie Foxx, left, and Kanye West perform "Gold Digger" at the 48th Annual Grammy Awards on Wednesday, Feb. 8, 2006, in Los Angeles. (AP Photo/Mark J. Terrill)
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Kanye West to buy right-wing friendly Parler
Dan Steinberg
Singer Kanye West displays her new CD during an autograph signing appearance at a Virgin Megastore in Los Angeles on Thursday, Sept. 13, 2007. West's "Graduation" is on pace to sell about 575,000 to 700,000 its first week out. (AP Photo/Dan Steinberg)
Dan Steinberg
Singer Kanye West displays her new CD during an autograph signing appearance at a Virgin Megastore in Los Angeles on Thursday, Sept. 13, 2007. West's "Graduation" is on pace to sell about 575,000 to 700,000 its first week out. (AP Photo/Dan Steinberg)
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Kanye West to buy right-wing friendly Parler
JOHN SMOCK
Kanye West performs at GQ Magazine's 50th anniversary party on Tuesday, Sept. 18, 2007 in New York. (AP Photo/John Smock)
JOHN SMOCK
Kanye West performs at GQ Magazine's 50th anniversary party on Tuesday, Sept. 18, 2007 in New York. (AP Photo/John Smock)
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Kanye West to buy right-wing friendly Parler
Kevork Djansezian
Kanye West accepts the award for best rap album for “Graduation” at the 50th Annual Grammy Awards on Sunday, Feb. 10, 2008, in Los Angeles. (AP Photo/Kevork Djansezian)
Kevork Djansezian
Kanye West accepts the award for best rap album for “Graduation” at the 50th Annual Grammy Awards on Sunday, Feb. 10, 2008, in Los Angeles. (AP Photo/Kevork Djansezian)
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Kanye West to buy right-wing friendly Parler
Jason DeCrow
Singer Kanye West takes the microphone from singer Taylor Swift as she accepts the "Best Female Video" award during the MTV Video Music Awards on Sunday, Sept. 13, 2009 in New York. (AP Photo/Jason DeCrow)
Jason DeCrow
Singer Kanye West takes the microphone from singer Taylor Swift as she accepts the "Best Female Video" award during the MTV Video Music Awards on Sunday, Sept. 13, 2009 in New York. (AP Photo/Jason DeCrow)
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Kanye West to buy right-wing friendly Parler
Zacharie Scheurer
Kim Kardashian and her husband U.S rap artist Kanye West arrives at the Balmain Spring/Summer 2015 ready-to-wear fashion collection, in Paris, France, Thursday, Sept. 25, 2014. (AP Photo/Zacharie Scheurer)
Zacharie Scheurer
Kim Kardashian and her husband U.S rap artist Kanye West arrives at the Balmain Spring/Summer 2015 ready-to-wear fashion collection, in Paris, France, Thursday, Sept. 25, 2014. (AP Photo/Zacharie Scheurer)
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Kanye West to buy right-wing friendly Parler
John Shearer
Kanye West performs at the 57th annual Grammy Awards on Sunday, Feb. 8, 2015, in Los Angeles. (Photo by John Shearer/Invision/AP)
John Shearer
Kanye West performs at the 57th annual Grammy Awards on Sunday, Feb. 8, 2015, in Los Angeles. (Photo by John Shearer/Invision/AP)
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Kanye West to buy right-wing friendly Parler
Rich Fury
Kanye West performs during FYF Fest on Saturday, Aug. 22, 2015, in Los Angeles. (Photo by Rich Fury/Invision/AP)
Rich Fury
Kanye West performs during FYF Fest on Saturday, Aug. 22, 2015, in Los Angeles. (Photo by Rich Fury/Invision/AP)
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Kanye West to buy right-wing friendly Parler
Bebeto Matthews
Kanye West arrives for the showing of the Jeremy Scott Fall 2015 collection during Fashion Week, Wednesday, Feb. 18, 2015, in New York. (AP Photo/Bebeto Matthews)
Bebeto Matthews
Kanye West arrives for the showing of the Jeremy Scott Fall 2015 collection during Fashion Week, Wednesday, Feb. 18, 2015, in New York. (AP Photo/Bebeto Matthews)
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Kanye West to buy right-wing friendly Parler
Matt Sayles
Kanye West accepts the video vanguard award at the MTV Video Music Awards at the Microsoft Theater on Sunday, Aug. 30, 2015, in Los Angeles. (Photo by Matt Sayles/Invision/AP)
Matt Sayles
Kanye West accepts the video vanguard award at the MTV Video Music Awards at the Microsoft Theater on Sunday, Aug. 30, 2015, in Los Angeles. (Photo by Matt Sayles/Invision/AP)
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Kanye West to buy right-wing friendly Parler
Chris Pizzello
Kanye West performs at the Billboard Music Awards at the MGM Grand Garden Arena on Sunday, May 17, 2015, in Las Vegas. (Photo by Chris Pizzello/Invision/AP)
Chris Pizzello
Kanye West performs at the Billboard Music Awards at the MGM Grand Garden Arena on Sunday, May 17, 2015, in Las Vegas. (Photo by Chris Pizzello/Invision/AP)
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Kanye West to buy right-wing friendly Parler
Colin Young-Wolff
Kim Kardashian and Kanye West attend the 57th Annual Grammy Awards Official After Party on Sunday, Feb. 8, 2015 in Los Angeles. (Photo by Colin Young-Wolff/Invision/AP)
Colin Young-Wolff
Kim Kardashian and Kanye West attend the 57th Annual Grammy Awards Official After Party on Sunday, Feb. 8, 2015 in Los Angeles. (Photo by Colin Young-Wolff/Invision/AP)
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Kanye West to buy right-wing friendly Parler
Rich Fury
Kanye West performs at Wango Tango 2015 at StubHub Center on Saturday, May 9, 2015, in Carson, Calif. (Photo by Rich Fury/Invision/AP)
Rich Fury
Kanye West performs at Wango Tango 2015 at StubHub Center on Saturday, May 9, 2015, in Carson, Calif. (Photo by Rich Fury/Invision/AP)
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Kanye West to buy right-wing friendly Parler
John Shearer
Paul McCartney, from left, Rihanna, and Kanye West perform at the 57th annual Grammy Awards on Sunday, Feb. 8, 2015, in Los Angeles. (Photo by John Shearer/Invision/AP)
John Shearer
Paul McCartney, from left, Rihanna, and Kanye West perform at the 57th annual Grammy Awards on Sunday, Feb. 8, 2015, in Los Angeles. (Photo by John Shearer/Invision/AP)
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Kanye West to buy right-wing friendly Parler
Bruce Barton
Kanye West gestures to the audience at the unveiling of the Yeezy collection and album release for his latest album, "The Life of Pablo," Thursday, Feb. 11, 2016 at Madison Square Garden in New York. (AP Photo/Bruce Barton)
Bruce Barton
Kanye West gestures to the audience at the unveiling of the Yeezy collection and album release for his latest album, "The Life of Pablo," Thursday, Feb. 11, 2016 at Madison Square Garden in New York. (AP Photo/Bruce Barton)
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Kanye West to buy right-wing friendly Parler
Desmond Boylan
American reality-show star Kim Kardashian takes a selfie as she rides on a classic car next to her husband, rap singer Kanye West in Havana, Cuba, Wednesday, May 4, 2016. West, Kardashian and members of her reality-show-star family have become the latest celebrities to visit Havana. They visited Havana’s Museum of Rum Wednesday, stepping out of a hot-pink antique American convertible as they snapped selfies and were recorded by a television crew following them around. (AP Photo/Desmond Boylan)
Desmond Boylan
American reality-show star Kim Kardashian takes a selfie as she rides on a classic car next to her husband, rap singer Kanye West in Havana, Cuba, Wednesday, May 4, 2016. West, Kardashian and members of her reality-show-star family have become the latest celebrities to visit Havana. They visited Havana’s Museum of Rum Wednesday, stepping out of a hot-pink antique American convertible as they snapped selfies and were recorded by a television crew following them around. (AP Photo/Desmond Boylan)
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Kanye West to buy right-wing friendly Parler
Evan Agostini
FILE - In this Aug. 28, 2016 file photo, Kanye West, left, and Kim Kardashian West arrive at the MTV Video Music Awards in New York. (Photo by Evan Agostini/Invision/AP, File)
Evan Agostini
FILE - In this Aug. 28, 2016 file photo, Kanye West, left, and Kim Kardashian West arrive at the MTV Video Music Awards in New York. (Photo by Evan Agostini/Invision/AP, File)
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Kanye West to buy right-wing friendly Parler
Seth Wenig
President-elect Donald Trump and Kanye West pose for a picture in the lobby of Trump Tower in New York, Tuesday, Dec. 13, 2016. (AP Photo/Seth Wenig)
Seth Wenig
President-elect Donald Trump and Kanye West pose for a picture in the lobby of Trump Tower in New York, Tuesday, Dec. 13, 2016. (AP Photo/Seth Wenig)
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Kanye West to buy right-wing friendly Parler
Evan Vucci
Rapper Kanye West smiles as he listens to a question from a reporter during a meeting in the Oval Office of the White House with President Donald Trump, Thursday, Oct. 11, 2018, in Washington. (AP Photo/Evan Vucci)
Evan Vucci
Rapper Kanye West smiles as he listens to a question from a reporter during a meeting in the Oval Office of the White House with President Donald Trump, Thursday, Oct. 11, 2018, in Washington. (AP Photo/Evan Vucci)
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Kanye West to buy right-wing friendly Parler
Michael Wyke
With their eyes closed for prayer, Joel Osteen, left, and Kanye West laugh as West makes a joke while leading the prayer during a service at Lakewood Church, Sunday, Nov. 17, 2019, in Houston. (AP Photo/Michael Wyke)
Michael Wyke
With their eyes closed for prayer, Joel Osteen, left, and Kanye West laugh as West makes a joke while leading the prayer during a service at Lakewood Church, Sunday, Nov. 17, 2019, in Houston. (AP Photo/Michael Wyke)