Arlington, Virginia-based Starboard (previously, Olympic Media) introduced right this moment that it has concluded the acquisition of social media platform Parler.
“Parler’s giant person base and extra strategic property signify an infinite alternative for Starboard to proceed to construct aggressively in our media and publishing enterprise. The workforce at Parler has constructed an distinctive viewers and we stay up for integrating that viewers throughout all of our present platforms.” stated Ryan Coyne, CEO of Starboard, in an announcement.
Whereas the Parler app as it’s at the moment constituted shall be pulled down from operation to bear a strategic evaluation, Starboard stated Friday that it sees “large alternatives throughout a number of sectors to proceed to serve marginalized and even outright censored communities – even extending past home politics. Developments in AI expertise, together with the prevailing code base and different new options, present a chance for Starboard to start servicing unsupported on-line communities – constructing a house for them away from the ad-hoc regulatory hand of platforms that hate them.”
The phrases of the acquisition usually are not being disclosed though Starboard stated it “expects the deal to be accretive by the tip of Q2 2023.”
MacDailyNews Be aware: Presently, Parler’s web site shows solely Starboard’s press launch of the acquisition.
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