Fortune

This is not an Onion headline: The Onion wants to acquire Infowars from Alex Jones’ bankruptcy proceedings

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The satirical news outlet The Onion is back with a new plan to take over the Infowars platforms of conspiracy theorist Alex Jones as his company faces liquidation over more than $1 billion in defamation judgments owed to relatives of victims of the Sandy Hook Elementary School shooting. Under a proposal submitted Monday to a state judge in Texas, The Onion would be granted an exclusive, temporary license to the intellectual property of Infowars’ parent company, Free Speech Systems, allowing the outlet to put its own content on the Infowars website and social media accounts. Ben Collins, chief executive of The Onion, said the deal could be in place around April 30, if approved by Judge Maya Guerra Gamble in Austin. He said The Onion has already hired people to run Infowars as a parody site including Tim Heidecker, one half of the comedy duo Tim and Eric known for their work on the Cartoon Network’s “Adult Swim” shows. “We’ll build this into a bigger comedy network,” Collins said in phone interview Monday, adding the Sandy Hook families would receive profits from the new operations. “A big part of it for us is that the way people consume news now is they see somebody who has no idea what the (expletive) they’re talking about staring into their camera and just like coming up with conspiracy theories or telling you health hacks that will actually get you poisoned, things like that,” he said. “We’re going to create a bunch of characters and worlds around those kinds of things.” After the 2012 Sandy Hook shooting, which killed 20 first graders and six educators in Newtown, Connecticut, Jones called it a hoax staged by “crisis actors” in an effort to increase gun control. Many relatives of the victims, along with an FBI agent who responded to the shooting, sued Jones and his company for defamation and infliction of emotional distress. On his show Monday, Jones vowed to fight the licensing proposal in court but acknowledged he and his crew could be kicked out of the buildi…