Infowars attracts 'seven-figure' auction bids that will decide fate of Alex Jones' empire
Source: CNN Business
Updated 5:05 PM EST, Tue November 12, 2024
New York CNN — On Wednesday morning, conspiracy theorist Alex Jones’ notorious Infowars media empire will go up for auction in a court-mandated sale, and at least one bid is in the “seven-figure” range, a person familiar with the matter told CNN. That bid is from an individual described as an “ally” of Jones, who wants the host to continue broadcasting on the Infowars platform he founded under new ownership, the person said. It was not immediately clear who had placed the bid.
Jones has said multiple times that his supporters are placing bids for his company, which is being auctioned off to help pay the more than $1 billion he owes the families of the Sandy Hook Elementary School shooting victims. Jones was found guilty of defamation by juries in Texas and Connecticut for using his Infowars megaphone to falsely claim the massacre was a hoax.
Over the years, Jones has not only used the media platform to push vile lies and conspiracy theories, but also to enrich himself to the tune of millions of dollars. But the seven-figure bid from a Jones ally raises the prospect that a well-funded outside buyer could purchase the company only to install Jones as its host and effectively hand control back to him.
Everything from the platform’s studio equipment, online dietary supplement store, a Terradyne armored truck, Winnebago motorhome and its social media accounts are up for sale to the highest bidder.
Read more: https://www.cnn.com/2024/11/12/media/infowars-alex-jones-bid-auction-sandy-hook/index.html