Judge decides fate of The Onion's controversial Infowars bid
- The Onion submitted a winning bid of $1.75 million to purchase Infowars assets amid a bankruptcy auction.
- Alex Jones' bankruptcy stems from a $1.5 billion judgment related to Sandy Hook shooting defamation lawsuits.
- The court must now determine the legitimacy of the bids and whether to approve The Onion's offer or hold another auction.
In early November 2023, The Onion offered $1.75 million in an auction for the assets of Alex Jones’ controversial Infowars platform as part of Jones’ personal bankruptcy proceedings in the United States. This auction took place in Texas where a bankruptcy judge was set to determine the legality and fairness of the auction process, raising concerns about potential fraud and collusion alleged by competing bidders, including First United American Companies, which had offered $3.5 million. The proceedings entered the courtroom as U.S. Bankruptcy Judge Christopher Lopez was evaluating the testimony from auction officials to validate The Onion's winning bid. Alex Jones filed for bankruptcy in late 2022 after facing nearly $1.5 billion in defamation damages awarded to families of Sandy Hook victims, stemming from his promotion of conspiracy theories questioning the legitimacy of the 2012 shooting. As a requirement to resolve these outstanding judgments, a significant portion of the proceeds from the sale of Infowars would ensure compensation for the victims’ families. This context underscored the high stakes involved in the ownership transition of the Infowars platform, which is known for its far-right ideologies and conspiracy-laden content. The Onion's bid included a unique pledge from several Sandy Hook families to waive some auction proceeds to provide additional funds to other creditors. This pledge was intended to ensure that the total compensation offered in The Onion's bid was valued higher, bringing the figure to approximately $7 million by inflating the perceived value through the family’s commitment. Court arguments from Jones’ legal team highlighted the disparities between the bids and accused The Onion's offer of relying on dubious valuations and shady practices during the auction process. The outcome of this case, including the judge's potential approval or rejection of the bid, held broader implications for the future of Infowars and how it would operate under new ownership. Should The Onion’s proposal be ratified, it planned to transform Infowars’ digital platforms into satirical portrayals of the content that Jones has been known for, indicating a shift not only in ownership but also in the messaging associated with the brand. Jones has established alternative media channels in anticipation of a possible transition, demonstrating his continued interest in maintaining a presence in the media landscape even if the auction results unfavorably for him.