The Onion

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The Onion

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Democrats Panic After Kamala Harris Ages 40 Years In Single Night (www.theonion.com)

submitted 3 months ago by restingboredface@sh.itjust.works to c/theonion@midwest.social

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[–] Tedrow@lemmy.world 54 points 3 months ago (2 children)

It's the new ownership.

[–] IMALlama@lemmy.world 73 points 3 months ago (3 children)

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 (1 children)

“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 (1 children)

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.

[–] aaro@lemmy.world 4 points 3 months ago

Private equity

[–] NemoWuMing@lemmy.world 20 points 3 months ago (1 children)

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

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

Typical private equity vampires