The Onion Might be For Sale
The Onion might be up for sale. Or, in Onion language, Media Company Hopes Someone Buys Sinking Ship. According to The Chicago Tribune, Onion Inc., publisher of The Onion, AV Club and Clickhole, have hired the investment bank GCA Savvian to explore a possible sale.
The Onion has been making changes for the past few years. In 2012, it moved all editorial operations out of New York and consolidated them in its Chicago headquarters. Then just last year, The Onion ceased all print editions and went digital only.
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