Did The Onion buy Infowars? Texas judge to weigh in on take over

Did The Onion buy Infowars? Texas judge to weigh in on take over

USA Today nation

Key Points:

  • A Texas judge will decide whether satirical site The Onion can take over Alex Jones' far-right media company Infowars, following a $1.3 billion defamation judgment against Jones by Sandy Hook families.
  • Jones was ordered to pay the judgment after falsely claiming the 2012 Sandy Hook shooting was a hoax, leading to Infowars' parent company being placed under court-appointed receivership.
  • The Onion's initial bid to acquire Infowars in December 2024 was blocked by a bankruptcy judge who deemed the auction did not yield the best bids, but a 2025 ruling reopened the possibility of the sale.
  • The new deal involves The Onion licensing Infowars' intellectual property for $81,000 per month rather than outright ownership, pending approval from Texas Judge Maya Guerra Gamble.
  • If approved, The Onion's parent company CEO expects the licensing agreement to be finalized by around April 30, 2025.

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