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The Onion wins Alex Jones' Infowars in bankruptcy auction


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Posted

The Onion, the satirical news company that repeatedly spoofed conspiracy theorist Alex Jones, has won the bankruptcy auction for control over his media empire — most notably InfoWars, the far-right, conspiracy-minded website that served as Jones' primary online platform.

Jones announced the sale on X Thursday morning.

 

"I just got word 15 minutes ago that my lawyers and folks met with the U.S. trustee over our bankruptcy this morning and they said they are shutting us down even without a court order this morning," Jones said.

"The Connecticut democrats with The Onion newspaper bought us," he added.

The Onion plans to shutter Jones' InfoWars and rebuild the website featuring well-known internet humor writers and content creators, according to a person with knowledge of the sale.

Jones, one of the most-high profile and financially successful alternative media personalities, built a small empire off a radio show-turned-internet video operation centered around the Infowars brand that focused on false and often bizarre claims about grand conspiracies and government wrongdoing.

Details of Wednesday’s auction, including how much was offered for Free Speech Systems, the parent company of Infowars, and related assets, were not immediately known. Funds generated from the sale are meant to satisfy Jones’ estate creditors, comprised largely of victims’ families of the 2012 Sandy Hook shooting to whom he must pay damages in defamation verdicts.

https://www.nbcnews.com/news/us-news/onion-wins-alex-jones-infowars-bankruptcy-auction-rcna179936

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Posted

 

from Sandy Hook families.

 

 

.Revenge is a dish best served cold 

The dickhead now has to work for the people he tarnished.

roflmao

 

The satirical news publication The Onion won the bidding for Alex Jones’ Infowars at a bankruptcy auction, backed by families of Sandy Hook Elementary School shooting victims whom Jones owes more than $1 billion in defamation judgments for calling the massacre a hoax.

 

https://apnews.com/article/onion-buys-infowars-alex-jones-6496f198d141c991087dcd937b3588e9

 

Posted
On 11/14/2024 at 7:59 AM, Spaztecs said:

Justice isn't blind, this time she had the perfect response to FAFO.

 

The purchase is funny and all, but Alex has been bragging on his show for the past few months about hiding assets in his father and brother in law's name. It's not going to be a real FAFO unless there's a contempt charge and prison time coming down the pipe.

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Posted
On 11/15/2024 at 9:44 AM, azgreg said:

The funny part to my understanding is that teh Onion wasn't the highest bidder.

 

Links or you just bullshitting ?

Why would a bankruptcy court allow that to happen ?

Posted
On 11/15/2024 at 8:47 AM, Spaztecs said:

Links or you just bullshitting ?

Why would a bankruptcy court allow that to happen ?

https://apnews.com/article/onion-buys-infowars-alex-jones-6496f198d141c991087dcd937b3588e9

At a court hearing Thursday afternoon in Houston, the trustee who oversaw the auction, Christopher Murray, acknowledged that The Onion did not have the highest bid but said it was a better deal overall because some of the Sandy Hook families agreed to forgo a portion of the sale proceeds to pay Jones’ other creditors.

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