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[-] mozz@mbin.grits.dev 132 points 3 months ago

Dude I feel like The Onion is coming back into its own again

[-] Tedrow@lemmy.world 55 points 3 months ago
[-] IMALlama@lemmy.world 75 points 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 47 points 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 14 points 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 8 points 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 24 points 3 months ago

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

Fucking no wonder the quality went down.

[-] NemoWuMing@lemmy.world 21 points 3 months ago

Really puts the previous ownership to shame. Who were these people??

[-] picnicolas@slrpnk.net 29 points 3 months ago

Typical private equity vampires

[-] Kalkaline@leminal.space 10 points 3 months ago

They had by far the best debate coverage

[-] ThunderWhiskers@lemmy.world 4 points 3 months ago

They are slapping really hard this year and I love it. They had to though, reality has officially become stranger than fiction.

this post was submitted on 22 Jul 2024
626 points (97.1% liked)

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