After nearly 17 months of legal wrangling, The Onion has reached a deal to acquire Infowars.
The venerable satirical news outlet attempted to buy Infowars, a conspiracy theory media empire, in 2024 as part of the bankruptcy plan of founder Alex Jones, but it ended up in legal limbo.
Jones owes more than $1 billion to families of the 2012 Sandy Hook school shooting victims who sued him for defamation after he repeatedly and falsely claimed it was a staged plot and that their bereaved families were “crisis actors.”
Ben Collins, chief executive at The Onion parent company Global Tetrahedron, said on social media Monday a deal has finally been reached.
The venture will be led by creative director Tim Heidecker, who called it “an honor” and jokingly said they plan to relaunch it in the coming months, potentially as “a real estate broker service, or a cryptocurrency exchange market, [or] a place to store pictures ... not sure.”
