Parler offered Donald Trump a 40 percent stake in the company during his presidency- if he agreed to post content on their platform four hours before uploading the same content on other platforms like Twitter and Facebook.
According to the Daily Mail, the negotiations were ended only after White House lawyers objected, explaining to Trump that any such arrangement would violate ethics rules and potentially expose him to bribery charges.
Buzzfeed originally reported on the potential deal, which offered Trump’s company an immediate 20 percent stake in the App while the remaining 20 percent would have handed over in tranches over a period of two years.
According to the report, the Trump Organization negotiated with Parler executives on behalf of Donald Trump while he was still president last summer.
Under the terms of the proposed deal, Trump would have had to agree to make Parler his primary mode of communication, with any messages to be repeated on other platforms hours later.
Parler also wanted Trump to link back to their site when posting to any other social media platforms or whenever he emailed content to his supporters.
The deal would’ve also given Parler access to Trump’s email list so that the company could begin to send messages to Trump’s supporters directly.