This is absolutely true. Other media people that lost their job or channel, handle on various platforms, typically refresh to the same number of followers within a year or two.
They get to garnish those profits, too.
https://www.reuters.com/legal/alex-jones-cant-avoid-sandy-ho...
> Conspiracy theorist Alex Jones cannot use his personal bankruptcy to escape paying at least $1.1 billion in defamation damages stemming from his repeated lies about the 2012 Sandy Hook elementary school massacre, a U.S. bankruptcy judge ruled Thursday.
> Bankruptcy can be used to wipe out debts and legal judgments, but not if they result from "willful or malicious injury" caused by the debtor, according to a decision by U.S. Bankruptcy Judge Christopher Lopez in Houston, Texas.
Bankruptcies have all sorts of exceptions like this for fraud, student loans, child support, unpaid taxes, etc.
The intent of bankruptcy law is to benefit the economy by allowing people and corporations to take risks and start over.
It's not to let them get away with defamation.
So there's a line between healthy economic risk-taking (bankruptcy discharges) and bad behavior (bankruptcy doesn't affect that).