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2024-11-15 01:21:02

ZeroHedge News (RSS Feed) on Nostr: Not So Fast! Infowars Auction Thrown Into Chaos After Judge Investigates Malarkey Not ...

Not So Fast! Infowars Auction Thrown Into Chaos After Judge Investigates Malarkey

Not So Fast! Infowars Auction Thrown Into Chaos After Judge Investigates Malarkey

(Update 2020ET): Just when you thought the least funny website on the planet, The Onion, had prevailed in the Infowars auction, the judge in the case put the brakes on the sale after it was revealed that the (anti-Jones) bankruptcy trustee did not accept the highest bid, and instead allowed the Sandy Hook families to 'assist' by pledging their massive judgement towards the auction - which Jones says is illegal.

https://cms.zerohedge.com/s3/files/inline-images/alexjones.JPG?itok=Zkfwo96R


Jones explains it in 10 minutes:


Legal Bombshell: Judge Blocks Sale Of InfoWars, Slams How Auction Was Conducted! Alex Jones Reveals Shocking Details
Follow us https://twitter.com/AJNlive?ref_src=twsrc%5Etfw

— Alex Jones (@RealAlexJones) https://twitter.com/RealAlexJones/status/1857223561754059168?ref_src=twsrc%5Etfw

According to Jones, there should be some sort of a hearing to discuss this early next week. He believes that the judge is likely to order a new auction for sometime in January, where a Jones-allied group will have the opportunity to buy the company without the trustee picking their own winner regardless of actual bid.

The saga continues...

*  *  *

(Update 1130ET): Hours after yesterday's auction, Infowars.com is now down. We wish Alex Jones well on his next endeavor, which we're guessing is going to be massive.


https://t.co/H9pBclnikh

— Sal the Agorist (@SallyMayweather) https://twitter.com/SallyMayweather/status/1857095109625397468?ref_src=twsrc%5Etfw

According to Jones, a lower bid was accepted.


🚨 Alex Jones confirms that the highest bid for InfoWars at the Federal Auction was not accepted and they chose the lower bid from The Onion instead, likely to make sure he wouldn’t retain control. This shows it’s not about helping the Sandy Hook families, it’s about punishment. https://t.co/ADZx0xfuPR

— Autism Capital 🧩 (@AutismCapital) https://twitter.com/AutismCapital/status/1857101427455246726?ref_src=twsrc%5Etfw

*  *  *

The leftist-satirical rag The Onion announced on Thursday that it had won a bankruptcy auction to acquire Infowars - the website founded and operated by Alex Jones since 1999.

https://cms.zerohedge.com/s3/files/inline-images/alex%20jones%201.PNG?itok=3G1kDvis


On Wednesday, Jones said that the auction's trustee could choose any bidder it wanted - not necessarily the high bidder. Jones announced the sale on X Thursday morning.

"I just got word 15 minutes ago that my lawyers and folks met with the U.S. trustee over our bankruptcy this morning and they said they are shutting us down even without a court order this morning," he said. "The Connecticut democrats with The Onion newspaper bought us."


Infowars is being shut down now! https://t.co/nb4loGvL12

— Alex Jones (@RealAlexJones) https://twitter.com/RealAlexJones/status/1857058831135645739?ref_src=twsrc%5Etfw


The Onion told the NY Times that the bid was sanctioned by the families of the victims of the mass shooting at Sandy Hook Elementary School, who won a $1.4 billion defamation lawsuit against Jones.

The Onion did not disclose the price it paid for Infowars and its assets, including Jones' production studio and supplement business.

Ben Collins, CEO of The Onion parent company, Global Tetrahedron, says he plans to relaunch Infowars in January as a parody of itself, mocking "weird internet personalities."

In a not-funny post, The Onion https://theonion.com/heres-why-i-decided-to-buy-infowars/
:


What’s next for InfoWars remains a live issue. The excess funds initially allocated for the purchase will be reinvested into our philanthropic efforts that include business school scholarships for promising cult leaders, a charity that donates elections to at-risk third world dictators, and a new pro bono program pairing orphans with stable factory jobs at no cost to the factories.

As for the vitamins and supplements, we are halting their sale immediately. Utilitarian logic dictates that if we can extend even one CEO’s life by 10 minutes, diluting these miracle elixirs for public consumption is an unethical waste. Instead, we plan to collect the entire stock of the InfoWars warehouses into a large vat and boil the contents down into a single candy bar–sized omnivitamin that one executive (I will not name names) may eat in order to increase his power and perhaps become immortal.


After Infowars is raped and rebooted, the nonprofit Everytown for Gun Safety says it plans to advertise on it. Collins declined to disclose the value of said advertising deal, but that it was a multiyear agreement that would include banner ads and sponsored articles on the site.


BREAKING: Democrats Are On Their Way To The Building To Shut InfoWars Down Now– Alex Jones Explains The Future of InfoWars In This Critical Emergency Broadcast https://t.co/eBE30t4Gf6

— Alex Jones (@RealAlexJones) https://twitter.com/RealAlexJones/status/1857060713862209654?ref_src=twsrc%5Etfw

John Feinblatt, president of Everytown, told the NY Times, "This was an opportunity for us to give The Onion the facts, the storytelling, the data and the research that’s at our fingertips," adding "And for them to give us the creativity of how to turn all of that information into new messaging to a new audience."

Collins said that the relaunched Infowars might publish its own satirical stories focusing on gun violence.

Chris Mattei, a lawyer for the Sandy Hook families, said in a statement that taking possession of Infowars amounted to accountability for "Alex Jones and his corrupt business."

"By divesting Jones of Infowars’ assets, the families and the team at The Onion have done a public service and will meaningfully hinder Jones’s ability to do more harm," said Mattei.

According to the NYT, "The plan is to relaunch it next year with an approach reminiscent of Clickhole, The Onion’s sister site that poked fun at “listicles” from BuzzFeed and other purveyors of viral content."

https://cms.zerohedge.com/users/tyler-durden

Thu, 11/14/2024 - 20:21

https://www.zerohedge.com/political/not-funny-onion-buys-infowars-bankruptcy-auction
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