Report: Parler Offered Trump Organization a 40% Ownership Stake for Exclusive Postings
Parler offered the Trump Organization a 40% ownership stake in the company if then-President Donald Trump posted comments exclusively to the conservative social network, Buzzfeed News reported Friday. Negotiations started last summer and were revived in November after Trump lost the presidential election.
In June 2020, members of Trump’s campaign met with senior management of Parler, Buzzfeed reported, but the White House legal counsel stopped the talks. When talks resumed, Parler proposed that Trump post to Parler four hours before posting to other social networks. Trump wasn’t part of the negotiations, Buzzfeed reported, and no deal was struck.
Parler has been effectively shut down since January, when Apple and Google banished the app because of its content moderation. It was later taken offline when Amazon stopped hosting the service. Parler Chief Executive John Matze was fired this week. (Read more from “Report: Parler Offered Trump Organization a 40% Ownership Stake for Exclusive Postings” HERE)
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