• IMALlama@lemmy.world
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      3 months ago

      TIL. From Wikipedia:

      On April 8, 2019, private equity firm Great Hill Partners acquired Gizmodo Media Group—including The Onion, The A.V. Club, and Clickhole—from Univision for an undisclosed amount.[148] The properties were formed into a new company named G/O Media Inc.[149][150] In March 2024, G/O sold The A.V. Club to Paste Magazine and was reported to be seeking buyers for The Onion.[151]

      On April 25, 2024, CEO Jim Spanfeller told employees that G/O had sold The Onion to Chicago firm Global Tetrahedron, which is owned by Twilio founder Jeff Lawson, with former NBC reporter Ben Collins serving as CEO.[152] As a condition of the deal, the new owners will retain the website’s staff and keep it based in Chicago.[153] The name “Global Tetrahedron” is taken from a “fictional evil megacorporation” that has been the subject of a running gag in The Onion articles.[154]

      https://en.m.wikipedia.org/wiki/The_Onion

      • Zoidsberg@lemmy.ca
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        3 months ago

        “My friends and I now own and run The Onion. I’ll be the CEO,” Collins posted on X. “We’re keeping the entire staff, bringing back The Onion News Network, and shar[ing] the wealth with staff. Basically, we’re going to let them do whatever they want. Get excited.”

        Neat.

        • Tedrow@lemmy.world
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          3 months ago

          The new owner used to be in charge of the misinformation best at his old news room. Now he makes fake news.

          • joelfromaus@aussie.zone
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            3 months ago

            The best outcome. Honestly, if we could convince other misinformation reporters to turn to comedy the world would be a better place.

      • sp3tr4l@lemmy.zip
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        3 months ago

        Wow, they were owned by Gizmodo for that time period?

        Fucking no wonder the quality went down.