Worderer
Flipboard News DeskSatirical news publication The Onion has bought Alex Jones' Infowars at a bankruptcy auction backed by families of Sandy Hook Elementary families who are owed more than $1 billion in defamation judgments by Jones. Infowars' website, social media accounts, studio in Austin, Texas, trademarks and video archive are now owned by The Onion, whose CEO Bryce P. Tetraeder said: “No price would be too high for such a cornucopia of malleable assets and minds. 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.” Here's more from @AssociatedPress, plus The Onion's full statement.
The Onion buys Alex Jones' Infowars with help from Sandy Hook families
A federal bankruptcy judge in Texas has ordered a hearing into how the satirical news publication The Onion won the bidding for conspiracy theorist Alex Jones’ Infowars, after Jones and his lawyers raised questions about how a bankruptcy auction was conducted. Lawyers for Jones and a company affiliated with Infowars that submitted a $3.5 million offer said Thursday that they expected a round of bidding to be held where prospective buyers could outbid each other. They alleged that the trustee overseeing the auction changed the process only days before and instead opened only sealed bids that were submitted. Judge Christopher Lopez ordered a hearing for next week.
Allan Svelmøe Hansen
George Garner