The Onion, the satirical news company that repeatedly spoofed conspiracy theorist Alex Jones, has won the bankruptcy auction for control over his media empire — most notably InfoWars, the far-right, conspiracy-minded website that served as Jones’ primary online platform.
“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,” Jones said.
“The Connecticut democrats with The Onion newspaper bought us,” he added.
For those needing a reminder of what this is all about, The Washington Post explains:
Infowars and its property are among the personal assets Jones was forced to sell in a court-ordered auction after a bankruptcy judge in June sought to compel Jones to paythe roughly $1.5 billion in damages he owes for claiming the Sandy Hook Elementary School shooting was a hoax.
Families from the Connecticut-based defamation lawsuit against Jones agreed to accept a smaller recovery to increase the overall value of the Onion’s bid, which enabled its success, according to a Thursday statement from the families’ lawyers.
The auction win gives the Onion control of Infowars’ website, archive, mailing list and production equipment, among other assets, ending Jones’s control of the media company after 25 years.
The “global conglomerate” that purchased InfoWars explains the decision on The Onion’s website:
Today we celebrate a new addition to the Global Tetrahedron LLC family of brands. And let me say, I really do see it as a family. Much like family members, our brands are abstract nodes of wealth, interchangeable assets for their patriarch to absorb and discard according to the opaque whims of the market. And just like family members, our brands regard one another with mutual suspicion and malice.
All told, the decision to acquire InfoWars was an easy one for the Global Tetrahedron executive board.
Founded in 1999 on the heels of the Satanic “panic” and growing steadily ever since, InfoWars has distinguished itself as an invaluable tool for brainwashing and controlling the masses. With a shrewd mix of delusional paranoia and dubious anti-aging nutrition hacks, they strive to make life both scarier and longer for everyone, a commendable goal. They are a true unicorn, capable of simultaneously inspiring public support for billionaires and stoking outrage at an inept federal state that can assassinate JFK but can’t even put a man on the Moon.
Through it all, InfoWars has shown an unswerving commitment to manufacturing anger and radicalizing the most vulnerable members of society—values that resonate deeply with all of us at Global Tetrahedron.
No price would be too high for such a cornucopia of malleable assets and minds. And yet, in a stroke of good fortune, a formidable special interest group has outwitted the hapless owner of InfoWars (a forgettable man with an already-forgotten name) and forced him to sell it at a steep bargain: less than one trillion dollars.
Make no mistake: This is a coup for our company and a well-deserved victory for multinational elites the world over.
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.
All will be revealed in due time. For now, let’s enjoy this win and toast to the continued consolidation of power and capital.