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  • Alex Jones keeps Infowars for now after judge rejects The Onion’s winning auction bid

    Alex Jones keeps Infowars for now after judge rejects The Onion’s winning auction bid

    A federal judge in Texas rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet, criticizing the bidding for the conspiracy theory platform as flawed as well as how much money families of the 2012 Sandy Hook Elementary shooting stood to receive.

    The decision late Tuesday night is a victory for Jones, whose Infowars site was put up for sale as part of his bankruptcy case in the wake of the nearly $1.5 billion that courts have ordered him to pay over falsely calling one of the deadliest school shootings in U.S. history a hoax. Families of the Sandy Hook victims had backed The Onion’s bid.

    Following a two-day hearing in Houston, U.S. Bankruptcy Judge Christopher Lopez said he would not approve the sale, while citing concerns about transparency in the auction. That clears the way for Jones to keep — at least for now — Infowars, which is headquartered in Austin, Texas. The Onion had planned to kick Jones out and relaunch Infowars in January as a parody.

    “We are deeply disappointed in today’s decision, but The Onion will continue to seek a resolution that helps the Sandy Hook families receive a positive outcome for the horror they endured,” Ben Collins, CEO of The Onion’s parent company, Global Tetrahedron, posted on social media late Tuesday.

    Lopez cited problems — but no wrongdoing — with the auction process. He said he said he did not think that those involved in the auction acted in bad faith and that everyone “put their best foot forward and tried to play within the rules.”

    Still, Lopez said he said he did not want another auction and left it up to the trustee who oversaw the auction to determine the next steps.

    The Onion offered $1.75 million in cash and other incentives for Infowars’ assets in the auction. First United American Companies, which runs a website in Jones’ name that sells nutritional supplements, bid $3.5 million.

    The bids were a fraction of the money that Jones has been ordered to pay in defamation lawsuits in Connecticut and Texas filed by relatives of victims of the Sandy Hook shooting. Lopez said the auction outcome “left a lot of money on the table” for families.

    “You got to scratch and claw and get everything you can for them,” Lopez said.

    Christopher Mattei, a lawyer for the Sandy Hook families who sued Jones in Connecticut, said they were disappointed in the judge’s ruling.

    “These families, who have already persevered through countless delays and roadblocks, remain resilient and determined as ever to hold Alex Jones and his corrupt businesses accountable for the harm he has caused,” Mattei said in a statement. “This decision doesn’t change the fact that, soon, Alex Jones will begin to pay his debt to these families and he will continue doing so for as long as it takes.”

    Jones, who did not attend the proceedings, went back on his program late Tuesday to celebrate the judge’s ruling, calling the auction “ridiculous” and “fraudulent.”

    Although The Onion’s cash offer was lower than that of First United American, it also included a pledge by many of the Sandy Hook families to forgo $750,000 of the auction proceeds due to them and give it to other creditors, providing the other creditors more money than they would receive under First United American’s bid.

    The sale of Infowars is part of Jones’ personal bankruptcy case, which he filed in late 2022 after he was ordered to pay nearly $1.5 billion in defamation lawsuits in Connecticut and Texas filed by relatives of victims of the Sandy Hook shooting.

    Jones repeatedly called the shooting that killed 20 children and six educators a hoax staged by actors and aimed at increasing gun control. Parents and children of many of the victims testified in court that they were traumatized by Jones’ conspiracies and threats from his followers.

    Jones has since acknowledged that the Connecticut school shooting happened.

    Most of the proceeds from the sale of Infowars, as well as many of Jones’ personal assets, will go to the Sandy Hook families. Some proceeds will go to Jones’ other creditors.

    Trustee Christopher Murray had defended The Onion’s bid in court this week, testifying that he did not favor either bidder over the other and was not biased.

    He also revealed that First United American submitted a revised bid in recent days, but he said he could not accept it because the Sandy Hook families in the Connecticut lawsuit objected.

    The Onion valued its bid, with the Sandy Hook families’ offer, at $7 million because that amount was equal to a purchase price that would provide the same amount of money to the other creditors.

    In a court filing last month, Murray’s lawyers called First United American’s request to disqualify The Onion’s bid a “disappointed bidder’s improper attempt to influence an otherwise fair and open election process.”

    Jones’ attorney, Ben Broocks, noted that the Sandy Hook lawsuit judgments could be overturned in pending appeals and got Murray to acknowledge that the Sandy Hook families’ offer in The Onion bid could fall apart if that happens. That’s because the percentage of the auction proceeds they would be entitled to could drop sharply and they wouldn’t get the $750,000 from the sale to give to other creditors.

    Up for sale were all the equipment and other assets in the Infowars studio in Austin, as well as the rights to its social media accounts, websites, video archive and product trademarks. Jones uses the studio to broadcast his far-right, conspiracy theory-filled shows on the Infowars website, his account on the social platform X and radio stations. Many of Jones’ personal assets also are being sold.

    Jones has set up another studio, websites and social media accounts in case The Onion wins approval to buy Infowars and kicks him out. Jones has said he could continue using the Infowars platforms if the auction winner is friendly to him.

    Jones is appealing the money has been ordered to pay in judgments citing free speech rights.

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  • The Onion’s bid for Infowars is still in court as judge reviews auction

    The Onion’s bid for Infowars is still in court as judge reviews auction

    A bankruptcy judge scrutinizing The Onion’s bid for Alex Jones ’ Infowars platform was expected to hear a second day of testimony Tuesday after an auctioneer defended the satirical news outlet’s winning offer in November.

    It is not clear how quickly U.S. Bankruptcy Judge Christopher Lopez in Houston will decide whether to approve the bid. The Onion, which wants to turn Infowars’ website and social media accounts into parodies, offered $1.75 million for Infowars’ assets in the auction.

    Jones did not attend Monday’s start of the key hearing and instead continued to broadcast from his studios in Austin.

    Jeff Tanenbaum, president of ThreeSixty Asset Advisors, was grilled by lawyers for Jones and the company in a Houston courtroom on Monday over how The Onion’s bid came to be valued at $7 million and why a live auction was not held. He defended both the value of the bid and its selection after the two sealed offers were opened.

    Lopez could ultimately decide whether to void The Onion’s bid, name the Jones-affiliated company the winner or hold another auction, among other possibilities.

    Jones and First United American Companies, which runs a website in Jones’ name that sells nutritional supplements and submitted the other bid, are alleging fraud and collusion in the auction that concluded on Nov. 14. The trustee and The Onion deny the allegations, accusing Jones and the company of sour grapes. First United American Companies bid $3.5 million.

    The sale of Infowars is part of Jones’ personal bankruptcy case, which he filed in late 2022 after he was ordered to pay nearly $1.5 billion in defamation lawsuits in Connecticut and Texas filed by relatives of victims of the Sandy Hook Elementary School shooting in Connecticut. Jones repeatedly called the 2012 shooting that killed 20 children and six educators a hoax staged by actors and aimed at increasing gun control.

    Most of the proceeds from the sale of Infowars, as well as many of Jones’ personal assets, will go to the Sandy Hook families to help satisfy judgments issued by juries and judges in state courts in Connecticut and Texas. Some proceeds will go to Jones’ other creditors.

    The Onion’s bid also included a pledge by many of the Sandy Hook families to forgo some or all of the auction proceeds due to them to give other creditors a total of $100,000 more than they would receive under other bids.

    The trustee, Christopher Murray, chose The Onion, saying its proposal was better for creditors because they would receive more money. The Onion valued the bid, with the Sandy Hook families’ offer, at $7 million, because that amount was equal to a purchase price that would provide the same amount of money to the other creditors.

    Tanenbaum testified that he agreed with the $7 million valuation and believed The Onion’s bid conformed to the auction rules.

    A lawyer for Jones, Ben Broocks, asked Tanenbaum how it was possible that the Sandy Hook families’ offer boosted The Onion’s offer to such a high amount.

    “It means the purchase price value has gone up because another purchase price would have to be higher than that value in order to provide the same net benefit to that group of creditors,” Tanenbaum said.

    During his opening argument, Broocks said there was no way The Onion should have been chosen over First United American.

    “How does a $1.75 million bid beat a $3.5 million bid?” he asked. “How is that $1.75 million greater? Well, it’s voodoo economics to use a phrase.”

    Joshua Wolfshohl, an attorney for Murray, told the judge Monday that no wrongdoing occurred during the auction. He called the complaints by Jones and First United American Companies unfounded.

    “The vast majority of their complaints are just fantastic, imagined conspiracy theories that have no basis in reality,” he said.

    Murray, The Onion and the Sandy families deny allegations of wrongdoing. In his own court filing, Murray called the allegations “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process.”

    Up for sale at the auction were all the equipment and other assets in the Infowars studio in Austin, Texas, as well as its social media accounts, websites, video archive and product trademarks. Jones uses the studio to broadcast his far-right, conspiracy theory-filled shows on the Infowars website, his account on the social platform X and radio stations.

    Jones has set up another studio, websites and social media accounts in case The Onion wins approval to buy Infowars and kicks him out. Jones has said he could continue using the Infowars platforms if the auction winner is friendly to him.

    Jones is appealing the $1.5 billion in judgments citing free speech rights but has acknowledged that the school shooting happened.

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  • The Onion’s bid to buy Infowars goes before judge as Alex Jones tries stopping sale

    The Onion’s bid to buy Infowars goes before judge as Alex Jones tries stopping sale

    A bid by The Onion satirical news outlet to buy Alex Jones’ conspiracy theory platform Infowars is scheduled to return Monday to a Texas courtroom, where a judge will be deciding whether a bankruptcy auction was properly run as Jones alleges collusion and fraud.

    U.S. Bankruptcy Judge Christopher Lopez in Houston is set to hear testimony about the November auction and how a trustee chose The Onion over the only other bidder — a company affiliated with Jones that offered twice as much money as The Onion.

    The sale of Infowars is part of Jones’ personal bankruptcy case, which he filed in late 2022 after he was ordered to pay nearly $1.5 billion in defamation lawsuits filed by relatives of victims of the Sandy Hook Elementary School shooting in Connecticut. Jones repeatedly called the 2012 shooting that killed 20 children and six educators a hoax staged by actors and aimed at increasing gun control.

    Most of the proceeds from the sale of Infowars, as well as many of Jones’ personal assets, will go to the Sandy Hook families to help satisfy judgments issued by juries and judges in state courts in Connecticut and Texas. Some proceeds will go to Jones’ other creditors.

    The Onion, which wants to turn Infowars’ website and social media accounts into parodies, offered $1.75 million for Infowars’ assets in the auction, while First United American Companies — which runs a website in Jones’ name that sells nutritional supplements — bid $3.5 million.

    The Onion’s bid also included a pledge by many of the Sandy Hook families to forgo some or all of the auction proceeds due to them, in order to give other creditors a total of $100,000 more than they would receive under other bids.

    The trustee, Christopher Murray, chose The Onion, saying its proposal was better for creditors because they would receive more money.

    In court filings, Jones and First United American Companies accused Murray, The Onion and the Sandy Hook families of illegally colluding on the bidding, committing fraud and violating the judge’s rules for the auction.

    Murray, The Onion and the families deny the allegations. In his own court filing, Murray called the allegations “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process.”

    Up for sale at the auction were all the equipment and other assets in the Infowars studio in Austin, Texas, as well as its social media accounts, websites, video archive and product trademarks. Jones uses the studio to broadcast his far-right, conspiracy theory-filled shows on the Infowars website, his account on the social platform X and radio stations.

    Jones has set up another studio, websites and social media accounts in case The Onion wins approval to buy Infowars and kicks him out. Jones has said he could continue using the Infowars platforms if the auction winner is friendly to him.

    Jones is appealing the $1.5 billion in judgments citing free speech rights but has acknowledged that the school shooting happened.

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  • Judge in Alex Jones’ bankruptcy to hear arguments on The Onion’s bid for Infowars

    Judge in Alex Jones’ bankruptcy to hear arguments on The Onion’s bid for Infowars

    A bankruptcy judge is set to hear arguments Monday in conspiracy theorist Alex Jones ’ effort to stop the satirical news outlet The Onion from buying Infowars and turning it into a parody.

    Jones alleges fraud and collusion marred the bankruptcy auction in which The Onion was named the winning bidder on Nov. 14 over a company affiliated with him.

    It’s not clear how soon U.S. Bankruptcy Judge Christopher Lopez in Houston will issue a ruling. He could allow The Onion to move forward with the sale, order a new auction or name the other bidder as the winner. At stake is whether Jones gets to stay at Infowars’ studio in Austin, Texas, under a new owner friendly to him, or whether he gets kicked out by The Onion.

    The other bidder, First United American Companies, runs a website in Jones’ name that sells nutritional supplements.

    Regardless, Jones has set up a new studio, websites and social media accounts that would allow him keep airing his show. And his personal account with 3.3 million followers on the social platform X was not part of the sale, although Lopez will be deciding whether it should be included in the liquidation and sold off later.

    Jones’ bankruptcy and the liquidation of his assets came about after he was ordered to pay nearly $1.5 billion to relatives of victims of the Sandy Hook Elementary School shooting in Newtown, Connecticut. Jones was found liable for defamation and emotional distress damages in lawsuits in Connecticut and Texas for repeatedly calling the 2012 shooting that killed 20 first graders and six educators a hoax staged by actors to increase gun control.

    Proceeds from the liquidation are to go to Jones creditors, including the Sandy Hook families who sued him.

    Jones alleged The Onion’s bid was the result of fraud and collusion involving many of those families, the humor site and a court-appointed trustee who is overseeing the liquidation.

    First United American Companies submitted a $3.5 million sealed bid, while The Onion offered $1.75 million in cash. But The Onion’s bid also included a pledge by Sandy Hook families to forgo some or all of the auction proceeds due to them to give other creditors a total of $100,000 more than they would receive under other bids.

    The trustee, Christopher Murray, said that made The Onion’s proposal better for creditors and he named it the winning bid. He has denied any wrongdoing.

    Jones and First United American Companies claimed that the bid violated Lopez’s rules for the auction by including multiple entities and lacking a valid dollar amount. Jones also alleged Murray improperly canceled an expected round of live bidding and only selected among the sealed bids that were submitted.

    Jones called the auction “rigged” and a “fraud” on his show, which airs on the Infowars website, radio stations and Jones’ X account.

    In a court filing, Murray called the allegations “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process.”

    Lopez’s September order on the auction procedures made a live bidding round optional. And it gave broad authority to Murray to conduct the sale, including the power to reject any bid, no matter how high, that was “contrary to the best interests” of Jones, his company and their creditors.

    But at a Nov. 14 hearing Lopez said he was concerned about the process and transparency.

    “We’re all going to an evidentiary hearing and I’m going to figure out exactly what happened,” he said. “No one should feel comfortable with the results of this auction.”

    The assets of Infowars’ parent company, Free Speech Systems, that were up for sale included the Austin studio, Infowars’ video archive, video production equipment, product trademarks, and Infowars’ websites and social media accounts.

    Jones is appealing the $1.5 billion in judgments citing free speech rights, but has acknowledged that the school shooting happened.

    Jones has brought in millions of dollars a year in revenue by hawking nutritional supplements, clothing, survival gear and other merchandise — including more than $22 million this year through Sept. 30 from his Infowars Store website, according to court documents.

    Many of Jones’ personal assets, including real estate as well as guns and other personal belongings, also are being sold as part of the bankruptcy.

    Documents filed in court earlier this year said Jones has about $9 million in personal assets, while Free Speech Systems had about $6 million in cash and more than $1 million worth of inventory.

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  • Company affiliated with Alex Jones seeks to disqualify The Onion’s auction bid on Infowars

    Company affiliated with Alex Jones seeks to disqualify The Onion’s auction bid on Infowars

    A company affiliated with conspiracy theorist Alex Jones asked a federal judge on Monday to disqualify a bid by the satirical news outlet The Onion to buy Jones’ Infowars at a bankruptcy auction, alleging fraud and collusion.

    The company, First United American Companies, which is affiliated with a Jones website that sells dietary supplements, was the only other bidder at the recent auction, offering $3.5 million. In a filing in federal bankruptcy court in Houston, a lawyer for the company asked the judge to declare it the winning bidder instead of The Onion.

    The lawyer, Walter Cicack, claimed that the bankruptcy trustee overseeing the auction improperly colluded with The Onion and families of victims of the Sandy Hook Elementary School shooting in Connecticut in naming The Onion the winning bidder. Cicack also alleged the trustee violated rules for the sale set by the judge, and said the company’s cash offer was twice the amount of The Onion’s.

    The bankruptcy auction was held last week as part of the liquidation of Jones’ assets, including Infowars. Proceeds from the sale will go to Sandy Hook families and other creditors. Jones filed bankruptcy in 2022 after he was ordered to pay nearly $1.5 billion in defamation lawsuits filed by the families for calling the 2012 shooting that killed 20 children and six educators a hoax staged by actors to increase gun control.

    Ben Collins, CEO of The Onion’s parent company, Chicago-based Global Tetrahedron, issued a statement Monday through a spokesperson.

    “We’re obviously disappointed he’s lashing out by creating conspiracies, but we’re also not surprised,” he said, referring to Jones.

    The bankruptcy trustee appointed to oversee the sale, Christopher Murray, declined to comment Monday. A lawyer for the Sandy Hook families, Christopher Mattei, also declined to comment.

    In a response filed in court later Monday, Murray called the allegations “baseless.” He said the motion by First United American to disqualify The Onion was “a disappointed bidder’s improper attempt to influence an otherwise fair and open auction process.”

    Murray also wrote, “Having failed in its prior efforts to bully the Trustee and his advisors into accepting its inferior bid, FUAC now alleges, without evidence, collusion and bad faith in an attempt to mislead the Court and disqualify its only competition in the auction.”

    Monday’s filing by First United American Companies included the formal bid submitted by The Onion, revealing that it offered $1.75 million for Infowars along with certain incentives by Sandy Hook families who won their defamation lawsuit against Jones. The families agreed to forgo up to 100% of their share of the Infowars sale proceeds and give it to other Jones creditors.

    With the families’ offer, other Jones creditors would get a total of $100,000 more than they would get if First United American Companies bought Infowars, according to The Onion’s bidding document.

    Murray told the bankruptcy judge during a court hearing Thursday that the families’ incentives made it a better offer than the one by the Jones-affiliated company.

    “The creditors ended up significantly better off,” Murray told the judge, adding that one of his responsibilities was to maximize value for creditors.

    Judge Christopher Lopez, who said he had questions about the sale process and concerns about transparency, ordered a hearing to see exactly what happened with the auction and how the trustee chose The Onion. The date of the hearing has not been set.

    Jones has been criticizing the sale process on his show and social media sites, calling it “rigged” and a “fraud.”

    Over the weekend, Collins posted a series of comments about the auction on X, formerly known as Twitter.

    “Long and short of it: We won the bid and — you’re not going to believe it — the previous InfoWars folks aren’t taking it well,” he wrote.

    Collins said last week that The Onion planned to turn the Infowars website into a parody site, taking aim at conspiracy theorists and other social media personalities while promoting gun violence prevention efforts.

    Cicack also said in Monday’s court filing that the trustee improperly changed the auction process “from a live auction to a secret process.” Cicack said that after sealed bids were submitted Nov. 8, it was expected that there would be a round of live bidding on Nov. 13.

    But instead, he said, Murray decided to ask the two bidders to submit another offer as their final and best proposal, which they did. Murray then chose from those final bids without holding a round of live bidding. He alleged Murray violated the auction rules.

    Lopez’s 20-page order on the sale procedures, issued in September, made such a live bidding round optional. And it gave broad authority to Murray to conduct the sale, including the power to reject any bid, no matter how high, that was “contrary to the best interests” of Jones, his company and their creditors.

    Cicack called the Sandy Hook families’ portion of The Onion’s bid “Monopoly” money with no value.

    “It is also the product of impermissible collusion with the Onion in an effort to ‘rig’ the auction with the goal of achieving a specific result desired by the Connecticut Families,” he wrote.

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  • Who will buy Infowars? Both supporters and opponents of Alex Jones interested in bankruptcy auction

    Who will buy Infowars? Both supporters and opponents of Alex Jones interested in bankruptcy auction

    Conspiracy theorist Alex Jones’ Infowars broadcasts could end next week as he faces a court-ordered auction of his company’s assets to help pay the more than $1 billion defamation judgment he owes families of victims of the Sandy Hook Elementary School shooting.

    Or maybe not.

    Both opponents and supporters of the bombastic internet show and radio host have expressed interest in bidding on the Infowars properties he has built over the past 25 years. They include Roger Stone, an ally of Jones and Donald Trump, and anti-Jones progressive media groups. If Jones supporters buy the assets, he could end up staying on Infowars.

    Up for sale are everything from Jones’ studio desk to Infowars’ name, video archive, social media accounts and product trademarks. Buyers can even purchase an armored truck and video cameras. For now, Jones’ personal social media, including his account on X, formerly known as Twitter, with 3 million followers, are not up for sale, but court proceedings on whether they should be auctioned are pending.

    The auctions resulted from Jones’ personal bankruptcy case, which he filed in late 2022 after the Sandy Hook families were awarded nearly $1.5 billion in damages in lawsuits in Connecticut and Texas over his claims that the school shooting was a hoax. Many of Jones’ personal assets also are being liquidated to help pay the judgment.

    The deadline to submit bids and nondisclosure agreements on the Infowars assets is Friday afternoon. After the bids are reviewed, prospective buyers deemed qualified will be invited to a live auction that could see multiple bidding rounds next Wednesday. Any items not sold will be put up at another auction on Dec. 10.

    Jones has expressed confidence that supporters — whom he did not name — will buy the assets of Infowars and its parent company, Free Speech Systems, allowing him to continue using its platforms. He also appears to be preparing for losing the brand because he has set up new websites and social media accounts and has been directing his audience to them.

    “There’s a lot of buyers, people that are patriots that want it and will come in,” Jones said on his show in August. “If not … we’ll work with somebody else, fire something up. And it’ll be a little bit of a hiccup for the crew, and things. But that will just make us bigger.”

    Email messages to Infowars and Jones’ bankruptcy lawyer were not returned.

    It’s not clear how much money the auctions might bring in. In court documents, Free Speech Systems listed the total value of its properties and holdings at $18 million. Proceeds from the sales will go to creditors including the Sandy Hook families, who have not yet received any money from Jones and his company.

    Confidentiality agreements and sealed bids generally are used in auctions to maximize bid amounts while preventing bidders from talking to each other and driving down the offers. The trustee in Jones’ bankruptcy case said in court documents that the procedures for the Infowars auction were designed to attract the highest possible bids.

    Christopher Mattei, a Connecticut lawyer representing the Sandy Hook families, called the auctions an important milestone in their yearslong fight to hold Jones accountable. He also said the families will be seeking a portion of all Jones’ future income.

    “From the beginning, the Connecticut families have sought to hold Jones fully accountable for his lies and to protect other families from him,” Mattei said. “Stripping Jones of the corrupt business he used to attack the families while poisoning the minds of his listeners is an important measure of justice.”

    The families sued Jones and his company for defamation and emotional distress for repeatedly saying on his show that the 2012 shooting that killed 20 first graders and six educators in Newtown, Connecticut, was a hoax staged by crisis actors to spur more gun control.

    Parents and children of many of the victims testified that they were traumatized by Jones’ hoax conspiracies and threats by his followers.

    Jones, who has since acknowledged that the shooting did happen, is appealing the judgments.

    Jones has made millions of dollars from his internet and radio shows, primarily through sales of nutritional supplements, survival gear, clothing and other merchandise.

    Stone, the Jones and Trump ally and a conservative commentator, said on his X account and on Jones’ show that he would like to put together a group of investors to buy Infowars. He did not return email and social media messages on Thursday.

    “I understand the importance of Infowars as a beacon of the truth, as a beacon of truthful information. And therefore, I would like to do whatever I possibly can to ensure, if possible, that Infowars survives,” Stone said on Jones’ show in September.

    People on social media also have urged billionaire Elon Musk, owner of Tesla and X, to buy Infowars, an idea Jones has backed but Musk has not publicly responded to.

    On the other side, Jones’ detractors have shown interest in buying Infowars, kicking Jones out and turning it into something else, such as a news site that debunks conspiracy theories or even a parody site. They include officials at two progressive media sites, The Barbed Wire and Media Matters for America.

    An opinion piece by The Barbed Wire in September by publisher Jeff Rotkoff had a headline that read, “Let’s Buy Infowars. Alex Jones used these exact materials to exploit his viewers, peddle conspiracy theories, and damage the lives of grieving parents. We want revenge.”

    Rotkoff urged readers to donate money to help put in bids, but he said Thursday that The Barbed Wire, based in Jones’ home state of Texas, was now unlikely to make any offers.

    “But we have talked to a number of similarly ideologically aligned bidders and we are certain we will be outbid,” Rotkoff said in an email. “We’re thrilled that there appear to be multiple well-resourced bidders who share our interest in undoing much of the damage to our country done by Alex Jones. We’ll be rooting for those folks to be successful.”

    He declined to say who the other potential bidders were.

    Who exactly has submitted bids so far has not been disclosed. Jeff Tanenbaum, president of ThreeSixty Asset Advisors, which is helping to run the auction along with Tranzon Asset Advisors, would only say there have been a large number of inquiries.

    If detractors buy up Infowars’ properties and Jones gets the boot, he should be able to build new platforms fairly quickly, said Melissa Zimdars, an associate professor of communication and media at Merrimack College in Massachusetts.

    “As long as there is an audience hungry for his content — and there is — he’ll be able to utilize X and various fringe social media platforms,” she said in an email.

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