Satirical news company The Onion has won a bankruptcy auction of Alex Jones’ media empire, which includes the conspiracy-theory-laden website InfoWars.
Jones announced Thursday morning that “the Connecticut democrats with The Onion newspaper bought us.”
The Onion plans to shutter Jones’ InfoWars and rebuild the website featuring well-known internet humor writers and content creators.
Details of Wednesday’s auction, including how much was offered for Free Speech Systems, the parent company of Infowars, and related assets, were not immediately known. Funds generated from the sale are meant to satisfy Jones’ estate creditors, comprised largely of victims’ families of the 2012 Sandy Hook shooting to whom he must pay damages in defamation verdicts.
Juries awarded the Sandy Hook families $1.5 billion in their lawsuits, but they have been unable to collect anything from Jones.