The company currently publishes seven sites in addition to, including the feminist-focused Jezebel, the tech site Gizmodo and the sports site Deadspin. "If you want to ascribe blame, blame Denton." "The real shame is that Gawker gave Hogan a sledgehammer with which (to) pulverize it in state court," New York University journalism professor Adam Penenberg tweeted. Gawker Media went into bankruptcy protection after the verdict, and a judge has to approve the sale at a hearing Thursday. Gawker had published a video of Hogan having sex with a friend's wife.Ī Florida court awarded Hogan, whose lawsuit was secretly backed by an aggrieved Silicon Valley billionaire, $140 million in damages. Univision, the Spanish-language broadcaster, is buying the parent company, Gawker Media, for $135 million following its loss in a major invasion-of-privacy case brought by the former pro wrestler Hulk Hogan. Twitter immediately went berserk in an unholy mélange of shock, sadness and Schadenfreude. Founder Nick Denton reportedly told staffers Thursday afternoon that will come to an end next week. The news - appropriately enough, broken by Gawker itself - follows the sale of the site's parent company to Univision. NEW YORK (AP) -, the brash New York website that broke new ground with its gossipy, no-holds-barred coverage of media, culture and politics, is shutting down after 14 years, brought low by an unhappy, but deep-pocketed, subject. Trending stories at The Justice Department Plans To Stop Using Private PrisonsWhy Aren' t We Talking About The Horrific Flood In Louisiana?Chicago Police Superintendent Recommends Firing 7 Officers It hasn't finalized plans for what will happen to its archives, but its employees will be transferred to positions within Gawker Media or Univision's other properties. Three months after Hogan won his suit, Gawker Media filed for bankruptcy.And now the site is shutting down for good. Gawker accused him of trying to exact revenge because the site outed him as gay almost a decade before. He was also behind several other suits filed against the company. The law regards the publication of a sex tape as much more troubling.' After the initial verdict, it was revealed that Thiel, a billionaire venture capitalist, was financing the suit the whole time. A University of Chicago law professor put it to The Guardian this way: 'The distinction that really matters where privacy law is concerned is a visual depiction of a sex act. Hogan's beef with Gawker started when the site published clips from a video that showed him having sex with a friend's wife.Hogan eventually filed an invasion of privacy lawsuit and won a $140 million judgment.The key to Hogan's defense was that Gawker published the tape instead of just reporting on its existence. SEE MORE: Peter Thiel Just Made RNC History By Owning His SexualityThis means Hogan likely got even more than he aimed for when he began his lawsuit against the company. Gawker announced today that it will shut down its website next week after Univision bought Gawker Media in a bankruptcy auction.Gawker Media's six other sites which include Jezebel, Gizmodo and Deadspin will remain online. Hulk Hogan and Peter Thiel's total decimation of Gawker is almost complete.
0 Comments
Leave a Reply. |