Published • loading... • Updated
The Onion's Bid to Take over Alex Jones' Infowars Is in Limbo as New Court Battles Emerge
A court stay delays the handover as The Onion’s $1.75 million bid to buy Infowars remains tied up in appeals over Alex Jones’s debts.
- The Texas Third Court of Appeals stayed the transfer of Infowars assets to The Onion on Wednesday, temporarily blocking the satirical news outlet's planned takeover of the media company.
- Infowars faces liquidation to satisfy more than $1 billion in defamation judgments owed to families of the 2012 Sandy Hook Elementary School shooting victims after Alex Jones claimed the massacre was a hoax.
- Seeking to repurpose the site as a parody platform, The Onion offered $1.75 million to acquire Infowars with support from Everytown for Gun Safety and Sandy Hook families.
- Thursday's scheduled hearing became a status conference as the court blocked asset transfers while reviewing whether the orders violate an automatic stay triggered by Free Speech Systems' bankruptcy filing.
- A new hearing set for May 28 will address the takeover, as Ben Collins, The Onion's CEO, criticized the legal delays as "unprecedented legal stalling" that delays the deal.
Insights by Ground AI
Podcasts & Opinions
64 Articles
64 Articles
Texas court pauses The Onion’s proposed Infowars takeover
The Texas Third Court of Appeals late Wednesday approved conspiracy theorist Alex Jones’s appeal to pause the satirical outlet The Onion from taking over Infowars. The court stayed the turnover order after The Onion reached a deal for a takeover last week. The next hearing on the matter is set for May 28. The appeals…
·Washington, United States
Read Full Article
The Onion's Bid for Infowars Faces New Legal Battles
The Onion's plan to take over the Infowars platforms that Alex Jones built into a bullhorn of conspiracy theories and turn them into parody sites was in limbo again Thursday, after a Texas court paused a proposed deal involving the satirical news outlet.
·Washington, United States
Read Full Article
Coverage Details
Total News Sources64
Leaning Left20Leaning Right8Center25Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 38%
C 47%
15%
Factuality
To view factuality data please Upgrade to Premium
