Gold Nugget Post
  • Business
  • Economy
  • Investing
  • Stock
Top Posts
S&P 500 Breaking Out Again: What This Means...
Trump signs executive order expanding access to retirement...
FCC head says agency wasn’t pressured to order...
Trump briefed on options for Iran as energy...
Big Tech earnings test record stock market rally...
The Onion’s bid to take over Alex Jones’...
S&P 500 Breaking Out Again: What This Means...
A Wild Ride For the History Books: 2025...
Is META Breaking Out or Breaking Down?
Momentum Leaders Are Rotating — Here’s How to...
  • Business
  • Economy
  • Investing
  • Stock

Gold Nugget Post

Business

The Onion’s bid to take over Alex Jones’ Infowars is in limbo as new court battles emerge

by admin May 2, 2026
May 2, 2026
The Onion’s bid to take over Alex Jones’ Infowars is in limbo as new court battles emerge

AUSTIN, Texas — The Onion’s plan to take over the Infowars platforms that Alex Jones built into a bullhorn of conspiracy theories and turn them into parody sites was in limbo again Thursday, after a Texas court paused a proposed deal involving the satirical news outlet.

Austin-based Infowars is facing liquidation because of the more than $1 billion in defamation lawsuit judgments Jones owes relatives of victims of the 2012 Sandy Hook Elementary School shooting for calling the Connecticut massacre a hoax. The proposed licensing deal would give The Onion temporary authority to use Infowars’ trademarks, copyrights and intellectual property while a state receiver in Texas works toward liquidation.

A state judge in Austin had scheduled a hearing Thursday on whether to approve The Onion deal with the receiver. But the proceeding fizzled into a status conference because the Texas Third Court of Appeals late Wednesday approved an emergency motion by Jones’ lawyers that temporarily blocked the transfer of any Infowars assets. The judge set another hearing for May 28.

Lawyers for the Sandy Hook families had asked the Texas Supreme Court to overturn the appeals court ruling, but the high court did not issue a decision before Thursday’s hearing.

“This newly insane, unprecedented legal stalling does nothing but delay our deal with the receiver to take control of InfoWars,” Ben Collins, The Onion’s CEO, said in a social media post ahead of the hearing. “We now expect new traps in Alex Jones’ amoral war to deny paying the Sandy Hook families, but we’re freshly surprised by the U.S. legal system’s appetite to put up with it.”

The Onion already has been selling Infowars merchandise on its own website, including T-shirts and tote bags with an Infowars logo that replaces the “o” with its trademark onion image. It wants to turn the Infowars platforms into comedy sites that would include spoofing Jones, conspiracy theories and right-wing talking points, while giving revenue to the Sandy Hook victims’ relatives.

Jones declared victory in videos posted on his social media sites after the appellate court ruling. He called The Onion’s plan illegal, citing pending appeals and his continuing personal bankruptcy case.

“I said days ago there’s no way the Third Circuit Court of Appeals in Texas doesn’t overturn this — you know they’re all Democrats — because it’s so outrageous what you’ve done,” Jones said.

After Thursday’s hearing, Mark Bankston, a lawyer for some of the Sandy Hook victims’ relatives, accused Jones of delaying the liquidation of Infowars numerous times with court filings.

“As far as the world is concerned, Infowars is dead. Everybody knows that,” he said. “He’s trying to keep the bloated corpse of a media organization alive. It’s all a joke. Everybody knows where this is going.”

It’s not the first time The Onion has hit a legal setback in plans to take over Infowars.

In November 2024, the Chicago-based satirical outlet was named the winner of a bankruptcy court auction of the assets of Infowars’ parent company, Free Speech Systems, aimed at helping pay some of the defamation judgments. But a federal judge overturned the auction results, citing problems with process and The Onion’s bid.

Jones said on his show this week that he has a new studio nearing completion. He already has set up a new phone app and websites, including one that sells the dietary supplements, clothing and other merchandise he hawks on his shows. And his personal X account, where he posts videos of his shows and has 4.5 million followers, is not affected by any of the court cases.

On Thursday night, Jones toasted to his crew and viewers during a livestream on X as a clock ticked down to when he said his final moments in the building would hit.

“We’re not here anymore because they’re turning the power off at midnight,” he said.

previous post
S&P 500 Breaking Out Again: What This Means for Your Portfolio
next post
Big Tech earnings test record stock market rally as AI spending takes center stage

You may also like

U.S. added 178,000 jobs in March, reflecting resilient...

April 7, 2026

Hershey to resume using chocolate in most products;...

April 3, 2026

God and bitcoin: Why some Christians are going...

April 1, 2026

FAA investigating close call involving United Airlines plane...

March 29, 2026

Trump briefed on options for Iran as energy...

May 2, 2026

The world economy is experiencing the most severe...

April 2, 2026

Trump says his ‘preference’ would be to ‘take...

April 2, 2026

Savannah Guthrie returns to ‘TODAY’ amid search for...

April 8, 2026

Stocks have their worst quarter since 2022, raising...

April 3, 2026

House Republicans pass DHS funding bill that Democrats...

March 31, 2026

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio
    • Trump signs executive order expanding access to retirement accounts
    • FCC head says agency wasn’t pressured to order review of ABC broadcast licenses
    • Trump briefed on options for Iran as energy prices soar to 4-year high
    • Big Tech earnings test record stock market rally as AI spending takes center stage

    Categories

    • Business (25)
    • Economy (20)
    • Investing (20)
    • Stock (37)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: goldnuggetpost.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 goldnuggetpost.com | All Rights Reserved