Satire site The Onion has a new owner: a company called “Global Tetrahedron,” which apparently is a real thing.
G/O Media, a private-equity backed firm that has owned The Onion since 2019, sold the site to a new Chicago-based firm called Global Tetrahedron, which is “made up of four digital media veterans with a profound love for The Onion and comedy-based content,” G/O Media CEO Jim Spanfeller said in a memo to staff Thursday.
Financial terms of the deal weren’t disclosed. A G/O Media rep declined to identify the new owners of The Onion. The site, which first launched as a weekly newspaper in 1988 in Madison, Wis.,
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