The Onion Licenses Infowars in Bankruptcy Case

Satirical news outlet The Onion announced on Monday an agreement to license the Infowars website and its intellectual property, marking a potential turning point in the bankruptcy proceedings of the platform founded by Alex Jones. The deal, supported by families of the victims of the 2012 Sandy Hook Elementary School shooting, requires approval from a judge in Travis County, Texas, with a hearing scheduled for April 30.

Under the terms, The Onion's parent company, Global Tetrahedron, would pay $81,000 monthly to Gregory Milligan, the court-appointed receiver overseeing Infowars assets. The initial six-month licensing period includes an option to renew for another six months and could lead to a full acquisition once a judicial stay expires. The Onion plans to relaunch the site as a digital comedy network, featuring satire and content from emerging comedians. Comedian Tim Heidecker, known for his work on Adult Swim's "Tim and Eric Awesome Show, Great Job!", will serve as creative director, with Mia DiPasquale as head of programming.

The agreement stems from Jones's legal troubles following defamation lawsuits filed by Sandy Hook families. In 2022, courts in Texas and Connecticut...