• jeffw@lemmy.world
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    1 year ago

    Who is this and what did he do with the real Alex Jo - never mind, I don’t actually care what happened to Alex Jones

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    Right-wing conspiracy theorist Alex Jones on Thursday moved to liquidate his personal assets, agreeing to demands from the families of Sandy Hook victims whom he owes more than $1.5 billion in damages over his lies about the 2012 school massacre.

    The seismic move paves the way for a future in which Jones no longer owns Infowars, the influential conspiracy empire he founded in the late 1990s.

    Over the years, Jones has not only used the media company to poison the public discourse with vile lies and conspiracy theories, but also to enrich himself to the tune of millions of dollars.

    But facing mounting legal pressure, he reversed course and caved to the demands of the Sandy Hook families, who have still not seen a penny from Jones since juries in Connecticut and Texas found him liable in 2022 for defamation and emotional distress.

    The legal maneuver ultimately “means [Jones’] ownership in Free Speech Systems is going to get sold,” Avi Moshenberg, an attorney who represents some of the Sandy Hook families, told CNN on Thursday night, referencing the parent company of Infowars.

    But regardless of what happens in that case, Thursday’s legal move sets the stage for a court-appointed trustee to liquidate Jones’ personal assets, which includes his stake in Infowars.


    The original article contains 398 words, the summary contains 208 words. Saved 48%. I’m a bot and I’m open source!

  • LovingHippieCat@lemmy.world
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    1 year ago

    Well, this past weekend, he talked as if it was his last show, that they were “gonna put the padlocks on the building and close us down” and that he knew they were going to do that because his powers told him so, powers from God. They even did a greatest hits with guests like Roger stone, Steve bannon, and Nick Fuentes and best of all, Flat Earth Dave (not really best of all but it was a hell of a segment). They also had actual clips of past times Alex has been, well, Alex. He also pretty clearly got drunk during the show. But this isn’t the end for him. He’ll just go work for his dad doing the exact same thing. As Alex has frequently said, his dad is basically his only sponsor now. So whatever happens to infowars, this isn’t the end of Alex Jones. Even if it should be.

    • Billiam@lemmy.world
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      1 year ago

      As I understand it, civil judgements are not dischargeable in bankruptcy. Even if Alex sells everything he owns, that won’t be enough to pay off his share of the judgement and so any income he makes post-Infowars will be subject to garnishment.

      So yeah. He’ll continue making the right-wing circles, and he’ll be hawking his dad’s boner pills, but at least the Sandy Hook families will start getting what he owes them.

      • suction@lemmy.world
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        1 year ago

        Unfortunately there are still a million ways for him to live in luxury and not have any “official” income.

        • NJSpradlin@lemmy.world
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          1 year ago

          “This isn’t even my property! I had to move home to my father’s third vacation mansion*, because I had to sell my only one so that I could pay off this unjust judgment! I’m not even making any money! The new clothes? The new car? They’re my father’s, he lets me use them because I had to sell all of mine! The Rolex? I’m borrowing my father’s!”

          • suction@lemmy.world
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            1 year ago

            That’s of course what he’ll do, and unfortunately I think there is little that can be done legally.

        • Billiam@lemmy.world
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          1 year ago

          Yes, but the families can keep going after him for failing to pay.

          Which is probably his goal, since his entire legal strategy so far has been to delay: hope the families and/or their lawyers stop going after him due to the massive amount of time and money it would cost to keep taking him to court.

  • just_another_person@lemmy.world
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    1 year ago

    The Russian front money being laundered through Trush Social is suddenly going to pick up, and then they’ll have money to buy this. Fucking shell game.

  • blindbunny@lemmy.ml
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    1 year ago

    People acting like this is some big victory. But he’s going to be on joe rogan next week.

  • Nobody@lemmy.world
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    1 year ago

    The liquidation of Jones’ assets does not mean that Infowars will cease to exist. Several outcomes are possible. The court-appointed trustee could sell the business to another owner, for instance.

    Don’t celebrate too soon. Some shadowy investors are going to bail him out.

    • suction@lemmy.world
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      1 year ago

      Of course, there are many billionaires in the US who would spend what for them is nothing but small change to bail Jones out and setup a new operation for him. Musk, the Kochs, the Mercers, the list goes on.

    • Fedizen@lemmy.world
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      1 year ago

      The sandy hook families do have a say in this process (they turned down a “let jones use his ad revenue to pay them back” plan)

    • formergijoe@lemmy.world
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      1 year ago

      He’s been telling his listeners not to buy from his store, but to buy directly from his dad’s website (who is a sponsor on his show and sells their “health” products though the show).

      • PM_Your_Nudes_Please@lemmy.world
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        1 year ago

        For those who don’t get it: If they buy from the Infowars store, those assets can be seized. If they buy from his dad, the assets are protected because his dad wasn’t the one who got sued. It’s a very blatant asset-hiding scheme.

        Imagine if the owner of a big brand were going bankrupt and had to sell off all of their assets, (including the holdings for the store.) So instead, they start telling people to buy from their dad’s store, which is virtually identical in every way and the only difference is that the money ends up in your dad’s account instead of yours. It’s intentionally poisoning the asset seizure, by refusing to continue operating as a shop prior to your bankruptcy.

    • ATDA@lemmy.world
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      1 year ago

      Ok or I could multiply my eggs before they hatch by hoping Soros or some other right wing boogie man buys it haha

    • Cethin@lemmy.zip
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      1 year ago

      I think it’s more likely that someone else buys it for the audience it already has, not for Alex, and uses that for good or ill. It could end up as more of the same, or it could get much better or worse.

    • Fisk400@feddit.nu
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      1 year ago

      The families are not super money motivated. They could just accept the company in the same way OJ Simpson lost his book rights.

      Accept the company as payment and put up a youtube video of the set getting burned in the parking lot. After all infowars become a wikipage debunking every single lie told on the program.

      • gravitas_deficiency@sh.itjust.works
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        1 year ago

        The most devastating insult they could accomplish, if they’re simply handed his assets relatively untouched, is to turn it into a reputable, top-tier news organization. Now that would be delightfully karmic.

      • wolfpack86@lemmy.world
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        1 year ago

        But the brands value is in the personality. Killing info wars only creates an opportunity for him to create Schminfo Schwarz with little hiccup. Buying sets and whatnot with business partners is trivial. People make podcasts in their closets at home.

        • Fisk400@feddit.nu
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          1 year ago

          That is always going to happen but losing the infowars brand is really bad and the cost of reestablishing a recognizable brand from basically scratch is very expensive and difficult. I would argue that losing the brand is worse for him than any other asset he has.

          • Pfeffy@lemmy.world
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            1 year ago

            The brand means nothing. It literally just means Alex Jones to everyone. If Alex Jones isnt on info wars then infowars dies. Wherever Jones goes he’ll do the same thing and have the same audience.

            • Billiam@lemmy.world
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              1 year ago

              The brand means nothing. It literally just means Alex Jones to everyone. If Alex Jones isnt on info wars then infowars dies

              Yep. Pop-quiz for anyone (not you, Knowledge Fight wonks!):

              Can you name literally any other host who has a show on InfoWars, without looking up their names?

            • Fisk400@feddit.nu
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              1 year ago

              People keep saying that but every time a chud gets deplatformed their numbers gets decimated. A lot follows you but not everyone and growth takes a massive hit because all the boomers finding the show on Facebook will try to go to infowars because that’s where the 2 year old video is telling you to go.

              Video backlog is fucked, SEO is fucked. They can go ahead and search for Alex Jones but you only get results of him getting fucked but not where to go because the new website doesn’t have good standing yet with Google because nobody is linking to your new page.

              • Pfeffy@lemmy.world
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                1 year ago

                He hasn’t been deplatformed. He lost a brand name that is synonymous with himself. He can add a 2 to his web addresses and be right back where he is in a few days. Frankly all this attention he’s getting from the media will probably just help him accomplish that. His listeners are total morons, but they are also addicted to his bullshit. Addicts find their shit, Even the dumb ones.

                • Fisk400@feddit.nu
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                  1 year ago

                  Losing your brand and website is being deplattfomed. People act like it’s a binary thing where deplattforming either needs to wipe you off the face of the earth or it was pointless. The disruption will cost him viewers because while he sets up a new base his viewers will get bored and go to watch other things.

                  Not everyone will get bored, but enough people will move on for it to be a real concern for Alex Jones.

                  Ask any creator on the internet how bad a disruption in viewership is.