The Onion buys Alex Jones's Infowars — and that's not a joke

• The Onion, the satirical news site, bought Alex Jones's Infowars at an auction.
• Jones had been found liable for defaming the Sandy Hook families and ordered to pay nearly $1.5 billion.

Conspiracy theorist Alex Jones's Infowars has a new home — and it's not the one he wanted.

The Onion, the satirical publication, announced on Thursday that it had purchased the disgraced far-right commentator's company at auction. The terms of the sale weren't disclosed.

The purchase of Infowars has the support of the families of the victims of the Sandy Hook massacre, and a revamped version of the site will feature advertisements from Everytown for Gun Safety, a nonprofit that aims to end gun violence, according to a statement from the gun-safety group.

Jones had been found liable for defaming the Sandy Hook families in four lawsuits after he spent years spreading lies that the deadly 2012 school shooting was a hoax.

Many of those lies were touted on his Infowars platform, which was put up for auction this year as part of an agreement that Jones would liquidate his assets to help pay a fraction of the nearly $1.5 billion he was ordered to pay the Sandy Hook victims' families.

Jones had previously expressed his hopes that one of his "patriot" allies would buy his company so that he could continue to broadcast on the platform.