The Onion purchases InfoWars (pending)

[Locke]

Originally Posted by GGG

Why, if it results in the most money going to the victims of jones slanders that’s a win.

Never underestimate the value of spite. Maybe less money but more satisfaction.

[bizaro86]

Originally Posted by Locke

I dont know all the rules surrounding auctions, but the fact that the competing bidder was an associated company that was shilling Jones' crap should disqualify them.

That's really not how bankruptcy auctions work.

Never underestimate the value of spite. Maybe less money but more satisfaction.

The victims could credit-bid (ie, use their claim as a bid) but if there's anyone senior they'd have to be paid off first. Once they owned it they could do as they like. But generally US bankruptcy works on an absolute priority rule - you have to take the highest bid and all the money goes to the creditors in order. ie, first government/taxes, then secured creditors (usually banks) then unsecured creditors.

[Locke]

[Reggie Dunlop]

InfoWars for sale (again)

Alex Jones’ far-right platform Infowars can be sold once again to help pay the more than $1 billion he owes the families of Sandy Hook shooting victims, a Texas district court judge has ordered.

Judge Maya Guerra Gamble said in a Wednesday hearing that Infowars’ parent company, Free Speech Systems, will be turned over to a court-appointed receiver, who will be responsible for selling the assets and using the proceeds to pay Jones’ debts to the Sandy Hook families.

The order paves the way for The Onion to revive its bid for the conspiracy-driven outlet and its assets.

https://www.cnn.com/2025/08/13/media...4T01%3A27%3A34

[troutman]

What could be it worth at this point? Close to zero?

[Reggie Dunlop]

The domain name might be fun to own... but even that would be boring after a while.