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The Onion purchases Infowars in bankruptcy auction

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The Onion has acquired Infowars, a right-wing media platform founded by conspiracy theorist Alex Jones, through a bankruptcy auction. This was confirmed by Jones himself in a video shared on X. The sale is a result of Jones's company, Free Speech Systems, being forced into bankruptcy after a 2022 defamation lawsuit by the families of Sandy Hook Elementary School shooting victims, which Jones had falsely claimed was a hoax. The families won a $1.4 billion judgment against Jones and his company, leading to the auction of Infowars and other company assets to compensate creditors. The Onion, backed by the families of the Sandy Hook victims, secured the winning bid.

    1. After surviving unimaginable loss with courage and integrity, they rejected Jones's hollow offers for allegedly more money if they would only let him stay on the air because doing so would have put other families in harm's way.
    1. No price would be too high for such a cornucopia of malleable assets and minds.
    2. And yet, in a stroke of good fortune, a formidable special interest group has outwitted the hapless owner of InfoWars (a forgettable man with an already-forgotten name) and forced him to sell it at a steep bargain: less than one trillion dollars.
    1. We thought this would be a hilarious joke.
    2. This is going to be our answer to this no-guardrails world where there are no gatekeepers, and everything's kind of insane.
    3. The Onion, with the help of the Sandy Hook families, has purchased InfoWars. We are planning on making it a very funny, very stupid website. We have retained the services of some Onion and Clickhole Hall of Famers to pull this off.
    1. I just got word 15 minutes ago that my lawyers and folks met with the US trustee over our bankruptcy this morning, and they said they are shutting us down even without a court order this morning.
    2. Sandy Hook is a synthetic, completely fake with actors, in my view, manufactured… I knew they had actors there clearly, but I thought they killed some real kids, and it just shows how bold they are, that they clearly used actors.
    3. I don't know what's going to happen but I'm going to be here until they come in and turn the lights off.
The Onion purchases Infowars in bankruptcy auction