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'Beautiful joke': The Onion finally reaches another deal to take over Infowars - Raw Story (www.rawstory.com)

submitted 6 days ago by slothrop@lemmy.ca to c/nottheonion@lemmy.world

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[–] loutr@sh.itjust.works 8 points 5 days ago (2 children)

The New York times article actually says $81,000:

On Monday, Mr. Milligan asked Maya Guerra Gamble, a judge in Texas’ Travis County District Court overseeing the disposition of Infowars, to approve that licensing agreement in a court filing. Under the terms, The Onion’s parent company, Global Tetrahedron, would pay $81,000 a month to license Infowars.com and its associated intellectual property — such as its name — for an initial six months, with an option to renew for another six months.

[–] Triumph@fedia.io 3 points 5 days ago

They should make it $81,666 for the lulz.

[–] wonderingwanderer@sopuli.xyz 1 points 5 days ago (1 children)

Who do they pay the licensing fee to?

[–] loutr@sh.itjust.works 2 points 5 days ago (1 children)

Good question. From what I gather from infowar's wikipedia article I guess it will be paid to infowar's parent company which owns the IP. Before The Onion showed interest in acquiring infowars, the company was supposed to be liquidated with most of the proceeds going to the Sandy Hook families.

[–] wonderingwanderer@sopuli.xyz 2 points 5 days ago (2 children)

So why is the Onion licensing it from them when they could have bought it during the liquidation?

[–] loutr@sh.itjust.works 2 points 5 days ago

They tried, the offer was rejected, so they came up with this alternative. Wikipedia has all the info if you want to know more.

[–] andros_rex@lemmy.world 1 points 5 days ago

Trump appointed judge fuckery.