Matt Levine’s Money Stuff: Buy Infowars for the Memes

Feb. 27, 2025, 6:44 PM UTC

Bankruptcy bidding

Here’s a thing I have never seen before:

An artificial intelligence entertainment company asked a Texas bankruptcy court to reopen the sales process for right-wing conspiracist Alex Jones’ Infowars media company.

WOW.AI LLC is supporting a new process to sell the assets of Free Speech Systems LLC, the parent company to Infowars, according to a filing Wednesday in the US Bankruptcy Court for the Southern District of Texas. The request comes a couple months after a judge rejected a bid for Infowars’ assets by satirical news site the Onion. …

Puerto Rico-based WOW.AI’s bid includes $3.5 million ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.