Onion Wins Infowars Asset Auction in Texas Bankruptcy
TL;DR
The Onion has acquired Infowars’ studio, IP, and website in a Texas bankruptcy sale, after Alex Jones was ordered to liquidate assets to pay about $1.5 billion in defamation liability. The Onion plans to continue programming with some rebranding and a possible new host, and profits will be shared with Sandy Hook victims; the deal could close within days.
- The Onion says it's finally acquired Alex Jones' Austin-based Infowars KUT
- The Onion Has a New Plan to Take Over Infowars The New York Times
- The Onion reaches new deal to take over Alex Jones’ Infowars CNN
- Satire website The Onion launches new bid to take over Alex Jones’ Infowars Politico
- The Onion launches new effort to turn Infowars into parody website BBC
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