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The Onion adds a new layer, buying Alex Jones’ Infowars and turning it into a parody of itself
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The Wall Street Journal / Benjamin Mullin / May 10, 2021
“The nearly $3 billion valuation under consideration would be a discount compared with the $5.7 billion valuation set in Vice Media’s last major equity-investment round, a $450 million infusion from TPG in 2017…There is no guarantee that institutional investors will want to fund the proposed Vice Media transaction.”
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