Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Republican state attorneys general join lawsuit to stop...
Graphic: Track U.S. and state gas prices
Could an ‘8647’ T-shirt get you in trouble?
Companies must now quickly respond to stalking warrants...
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’...
What falling wage growth says about where the...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

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
What falling wage growth says about where the U.S. economy is heading
next post
Big Tech earnings test record stock market rally as AI spending takes center stage

You may also like

Retailers saw a dismal fall quarter. The election...

November 28, 2024

Darden Restaurants sales disappoint as Olive Garden, LongHorn...

March 21, 2025

Ulta and Target will end deal for in-store...

August 15, 2025

New Starbucks CEO Brian Niccol outlines priorities to...

September 11, 2024

AMD CEO calls China a ‘large opportunity’ and...

May 8, 2025

NFL season expected to spur record $35 billion...

September 5, 2024

Amazon and Nvidia say AI data center demand...

April 25, 2025

X-ray tables, hidden cameras: The tech in rigged...

October 25, 2025

Trump sues JPMorgan Chase and CEO Jamie Dimon...

January 27, 2026

Sports bar chain Twin Peaks is going public....

February 1, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Republican state attorneys general join lawsuit to stop $6.2B local TV merger

      May 2, 2026
    • Graphic: Track U.S. and state gas prices

      May 2, 2026
    • Could an ‘8647’ T-shirt get you in trouble?

      May 2, 2026
    • Companies must now quickly respond to stalking warrants in Oregon as new law takes effect

      May 2, 2026
    • Trump signs executive order expanding access to retirement accounts

      May 2, 2026
    Promotion Image

    banner ads

    Categories

    • Business (988)
    • Economy (839)
    • Investing (4,085)
    • Politics (747)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.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 © 2026 smarttradeinsights.com | All Rights Reserved