Rich Conservatives Fund New Media Universe

From a story on by Sara Fischer headlined “Rich conservatives fund new media universe”:

New investments in “free speech” social media platforms, podcasts and video channels are upending the media landscape and giving voices to conservatives who feel rejected by traditional networks and outlets.

Why it matters: Many of today’s conservative media moguls are both rich and politically active.

Driving the news: Ye, formerly known as Kanye West, on Monday unveiled his plans to acquire Parler, a Twitter-like social media app that has become a haven for conservatives.