The state's highest court will now consider a deal that would allow the Onion to license the Infowars brand name and turn the show into a mockery of itself.
The Onion says it has a new deal to take over conspiracy theorist Alex Jones's Infowars media company. If approved, the satirical news website could turn Infowars into a parody of itself.
Josh Owens spent four years as a video editor and field producer for Jones' Infowars media company. "It was all about making things look cinematic," he says. Owens' memoir is The Madness of Believing.
The Supreme Court Tuesday rejected an appeal from Alex Jones and left in place the $1.4 billion judgment against him over his description of the 2012 Sandy Hook Elementary School shooting as a hoax.
Jones has lost control of his media empire to a newly-appointed receiver who will sell it off to pay the Sandy Hook Elementary School families who sued Jones for defamation after the 2012 shootings.
The Infowars founder declared bankruptcy after families sued him for defamation and won more than a billion dollars in damages, but Jones has yet to pay them a dime.
The ruling by a U.S. bankruptcy judge in Houston further complicates how and when Jones' bankruptcy case will be resolved and when the families he defamed will be paid.
A U.S. bankruptcy judge is hearing arguments for and against selling the show to The Onion, the satirical news site named the winning bidder. Host Alex Jones says the auction was rigged.
The Onion's bid came out on top, but a bankruptcy judge must sign off on the sale. Conspiracy theorist Alex Jones and the losing bidder says the process was "rigged" against them.
The Onion thought it had the last laugh when it was named the winning bidder after last week's bankruptcy auction. Now, Jones says that bid was "fake dollars" and wants a judge to disqualify it
The sale must be approved by a bankruptcy judge. Proceeds will go to paying down the $1.5 billion debt that Jones owes families of Sandy Hook Elementary School shooting victims who won two defamation suits against him.
Live bidding will be private, and the future owner of Jones' company will be public once court papers are filed. The proceeds will go to pay Sandy Hook families who won defamation cases against Jones.
A federal bankruptcy judge has ruled that a plan to sell off the assets of Jones' media company, Free Speech Systems, can move ahead. Net proceeds will go to the Sandy Hook families who Jones defamed.
