A Texas bankruptcy court has rejected a proposed sale of Infowars, the media platform owned by Free Speech Systems, to satirical news organization The Onion. The decision, delivered by Judge Christopher Lopez, cites concerns regarding the “appropriateness” of the buyer, given The Onion’s established reputation for parody and satire. This ruling effectively halts the planned acquisition, leaving the future of Infowars in question as it navigates its bankruptcy proceedings. The court has stated that a sale to a group that intends to continue the platform’s operations is preferred.
Tag: The Onion
Court Blocks Infowars Asset Transfer to The Onion
A judge has ruled against the proposed sale of Infowars’ assets to the satirical news organization, The Onion, citing concerns over the nature of the transaction and potential implications for ongoing bankruptcy proceedings. This decision prevents the transfer of Infowars’ intellectual property and other holdings, maintaining the status quo while the bankruptcy case continues.
Judge Blocks Merger of Satirical News Outlet and Conspiracy Theory Website
A federal judge has blocked the proposed acquisition of Infowars, a conspiracy theory website, by The Onion, a satirical news outlet, citing concerns over the potential impact on the media landscape and the spread of misinformation.