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Nothing is funnier than The Onion taking over Infowars and making rainbow merchandise. (lemmy.world)
submitted 6 months ago by to c/lemmyshitpost@lemmy.world
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[–] 19 points 6 months ago (5 children)

It would cost the Onion $81k a month for the domain

all things considered, that could be renegotiated with the registrar now that Jones is no longer the owner. It's no longer worth that as it's not raking in Jones-level revenue. Sure, it's still worth a lot, especially with The Onion owning it, but, still, not $81k/mo.

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  • [–] 30 points 6 months ago* (last edited 6 months ago) (3 children)

    That $81K/mo isn't going to the registrar. Its going to the manager of Jone's debt to be distributed to his creditors, including the families of Sandy Hook.

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  • [–] 19 points 6 months ago* (2 children)

    oh, my mistake

    The deal calls for The Onion to pay $81,000 a month to license the Infowars.com domain and brand name, which the receiver says will "cover carrying costs to preserve and protect the assets of the receivership estate" until an appeal filed by Jones is decided and the path is cleared for a sale.

    I see, so it's temporary, although that appeal could take years

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  • [–] 0 points 6 months ago (1 child)

    it is not temporary and it is not permanent. there isn't ANYTHING yet. they have a wish they brought to a judge and now they wait for what the judge will decide. if the judge decides to their liking, then it will be temporary...

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  • [–] 1 point 6 months ago

    A very important point is that the judge can't just reject the deal and let Alex Jones continue forward. The whole reason why the licensing deal is coming to fruition now (instead of in 2024 when he first lost control, or after all the appeals are exhausted) is because this middle ground became untenable: Alex Jones can't afford the studio's rent and the creditors are going to seize all the physical assets if they're not being actively used to run a profitable business to preserve the status quo.

    If the status quo is no longer an option, the court will have to order that SOMEthing happen.

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  • [–] 1 point 6 months ago

    The licensing deal is for more than just the domain. It's like hundreds of squatter domains, too (including, hilariously, goblinlove dot com), and the trademarks.

    And the reason why it's exactly that amount isn't about the cost of the domain. It's that the physical studio's rent is about $75k/month, and they need to keep that lease active long enough to buy the whole shebang once Alex Jones' appeals run out.

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