Stock

Parody news website the Onion buys Alex Jones’ Infowars out of bankruptcy

NEW YORK (Reuters) – The parody website The Onion bought conspiracy theorist Alex Jones’ Infowars brand and website in a bankruptcy auction, according to court documents filed Thursday. 

Jones, who filed for bankruptcy protection in 2022 after courts ordered him to pay $1.5 billion for defaming the families of 20 students and six staff members killed in the mass shooting at Sandy Hook Elementary School in Newtown, Connecticut. Jones, unable to pay those legal judgments, was forced to auction his assets, including Infowars, in bankruptcy.

“They’re shutting us down,” Jones said in a post on X, the social media site formerly known as Twitter. “I’m going to be here until they come in here and turn the lights off.”

The Connecticut families of eight victims of the Sandy Hook school shooting backed the Onion’s bid, saying it would put “an end to the misinformation machine” that Jones operated.

The Onion will acquire Infowars’ intellectual property, including its website, customer lists and inventory, certain social media accounts and the Jones’ Infowars’ production equipment, the families said in a statement.

(This story has been refiled to restore a dropped word in paragraph 1)

This post appeared first on investing.com

You May Also Like

Editor's Pick

Former president Donald Trump and his allies have filed hundreds of lawsuits, with more to come, seeking to tighten voting rules or disqualify voters....

Economy

LONDON (Reuters) – Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting...

Economy

Thousands of dockworkers on the East Coast and Gulf Coast will return to work after reaching a tentative agreement on wages, ending one of...

Latest News

Tunisians voted Sunday in an election expected to grant President Kais Saied a second term, as his most prominent detractors, including one of the candidates challenging...

Disclaimer: beneficialinvestmentnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 beneficialinvestmentnow.com

Exit mobile version