Bankruptcy judge rejects The Onion's bid to buy Alex Jones' Infowars
www.nbcnews.com
The ruling dashed, at least for now, the plans of The Onion’s parent company to take over Infowars and radically shift its content.
    • Alteon@lemmy.world
      11·
      12 days ago

      At least we now know why Musk was upset. He intended to buy it and hand it right back to Alex Jones. Can’t have the “alt-right” media sphere disappearing.

  • TheDrink [he/him]@hexbear.netEnglish
    451·
    12 days ago

    This is pretty clearly interference from the judge. The guy who ran the bankruptcy auction has a ton of experience with this stuff and there is no reason to think he wasn’t impartial or that he didn’t get the best price for everything. Jones’ lawyers are just kicking the can down the road and delaying for as long as they can.

    • Ænima@lemm.ee
      6·
      11 days ago

      Only boomers and some Gen-x believed it. The rest of us grew up with the Internet and an ever-increasing feeling of betrayal and hopelessness.

      Edit: Modified the language around Gen-X per the reply below.

      • onwardknave@lemmy.ml
        3·
        12 days ago

        Please don’t lump Gen-Xers in with boomers. Why do you think Gen-X got its name? Disillusionment, detachment, loss of identity and purpose. Gen-X didn’t know what was wrong, but they knew enough to know they were left out. Even boomers aren’t to blame – they just have more people in the ownership class right now. If we divide along age and generational lines, the capitalists benefit.

        • Ænima@lemm.ee
          1·
          11 days ago

          You’re right, I should not have lumped them in with boomers. That was a last minute and before submission to address the Marjorie’s/Karen’s of the world. Please accept my apologies.

  • Jimmycrackcrack@lemmy.ml
    25·
    12 days ago

    I thought they’d already bought it, I didn’t know it was still in question. What a bummer. This was going to be hilarious.

  • sensiblepuffin@lemmy.world
    221·
    12 days ago

    Wait a second. A judge blocked the Onion from buying the site at auction because… he thinks it should have sold for more? My brother in Christ, do you understand what an auction is?!

    • Mirshe@lemmy.world
      13·
      12 days ago

      Specifically, he thought the trustee should have allowed the other LLC (which is totally not affiliated with him yet only exists to shelter his supplement business) more time to counteroffer.

      • sensiblepuffin@lemmy.world
        121·
        12 days ago

        But that makes no sense. It’s an auction. There’s a time limit. It’s not an acquisition. You’re being forced to sell something.

          • sensiblepuffin@lemmy.world
            16·
            11 days ago

            Why does that make no sense? He has debts to pay, can’t cover them, and so his assets are sold at auction to pay them off. Same thing happens to people every day via civil forfeiture.

            Edit: clearly people cannot read. The Onion should have been sold the website for the winning bid that they submitted at an auction. End of story.

            • The Quuuuuill@slrpnk.netEnglish
              7·
              11 days ago

              okay, but he’s trying to buy the thing he says he can’t afford with money he claims he doesn’t have, which is (allegedly) why he he can’t pay the debts he owes. you’re creating a false equivalence. no one gets this treatment. this is magical rich white guy thinking, and the court is going “oh what’s that? you’re rich and white? sure! you take all the time you need to get the money together to buy back your propaganda machine. meanwhile these parents of kids who would have started college this year… um… i guess they can go get fucked. fuckin’ poors”

              • sensiblepuffin@lemmy.world
                13·
                11 days ago

                Holy shit is no one reading the words I’m saying. In no sane universe should Alex Jones get to buy the site back. I’m saying in an auction, the Onion submitted the winning bid and should have gotten the site sold to them.

                • The Quuuuuill@slrpnk.netEnglish
                  4·
                  11 days ago

                  because that’s the opposite of what you said? you were replying to someone saying that by saying what they were saying wasn’t reasonable and this situation the court has created seems fine

  • NuraShiny [any]@hexbear.netEnglish
    7·
    12 days ago

    Does the judge think that shitpile is gonna be worth much now? Like, unless they can force Alex to appear there and do skits, it’s just a fucking website without it’s, for lack of a better word, talent.

    Keep at it, Onion, the funny outcome was just delayed, not averted!