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So Much for Gawker's Second Coming

Bustle Digital Group on Tuesday laid off the entire new Gawker staff

(Newser) - If you were eagerly anticipating Gawker's second coming , the New York Post dished up a cold dose of reality on Tuesday. It reported that Bustle Digital Group, which the New York Times reports picked up the domain a year ago for $1.35 million, laid off the... More »

Gawker Is Coming Back

CEO of Bustle Digital Group announces relaunch

(Newser) - More than two years after the death of Gawker comes news of the website's return. Bryan Goldberg, founder and CEO of Bustle Digital Group, was the winning bidder when Gawker Media's remaining assets were sold off in July after the company was sued into oblivion over its publication... More »

Mourning Gawker One Year After Its Death

One journalist says we need the site now more than ever; others disagree

(Newser) - Gawker shut down exactly one year ago after a lawsuit involving Hulk Hogan and billionaire Peter Thiel, and in the Washington Post , Michael J. Socolow mourns the loss. "Gawker might have been foolhardy, reckless and ultimately self-destructive, but it was also, above all, courageous," he writes. "With... More »

Thiel's Costume for Posh Party? Hulk Hogan, per Sources

Trump, campaign manager Kellyanne Conway were also in attendance

(Newser) - Hulk Hogan, with funding from frequent Gawker target Peter Thiel, helped bring the media group to bankruptcy via his sex-tape lawsuit, so Thiel's choice of costume at a posh Long Island party might not be terribly surprising: He reportedly dressed as the Hulkster on Saturday night, when the PayPal... More »

Gawker, Hulk Hogan Settle Lawsuit for $31M

'Hulk Hogan's retirement will be comfortable'

(Newser) - Hulk Hogan has settled with the smoldering ashes of Gawker Media for $31 million, CNN reports. Gawker was appealing the $140 million a jury awarded Hogan earlier this year. "The saga is over," Gawker founder Nick Denton says. "Hulk Hogan's retirement will be comfortable." Hogan'... More »

This Is Gawker's Final Post

'Gawker’s ultimate fate was predestined,' Denton writes

(Newser) - Gawker is dead and it was always going to die this way, founder Nick Denton writes in the site's final post. Many are alarmed at how a rich and powerful man like Peter Thiel can use the legal system to destroy a news outlet that criticized him, but "... More »

Gawker Is Dead, and That's Bad News for Everyone

Who else is going to call out the lies all around us?

(Newser) - is done as of Monday thanks to its crushing courtroom loss . At the Awl , former Gawker writer Alex Balk makes the case that this is bad news for each and every one of us. It is not an entirely flattering piece, as he acknowledges that Gawker "published... More »

Gawker's Denton to Get $200K Salary for Not Competing

Univision will pay him for 2 years

(Newser) - It's not clear what Gawker founder Nick Denton will do next now that new owner Univision is shutting down itself, but he'll be decently compensated for two years as he figures it out: Univision will pay him $16,666 a month over that stretch as part... More »

Univision Bought Gawker Only to Kill Gawker

Though Gawker's other sites will be spared

(Newser) - Univision may have purchased Gawker Media for $135 million at bankruptcy auction this week, but that deal apparently didn't include Gawker itself. In a post Thursday, Gawker announced it will shut down next week. The six other Gawker-owned sites—Lifehacker, Jezebel, Deadspin, Gizmodo, Jalopnik, and Kotaku—will continue to... More »

Univision Buys Gawker for $135M

The bankrupt media company was up for auction Tuesday

(Newser) - It appears the bankrupt Gawker has a new owner: Univision. The company best known for Spanish-language television bought Gawker Tuesday at auction for $135 million, the New York Times reports. The online media company was forced to put itself up for sale after Hulk Hogan and tech billionaire Peter Thiel... More »

Gawker Founder Files for Bankruptcy

Nick Denton owes Hulk Hogan $125M

(Newser) - Gawker founder Nick Denton filed for personal bankruptcy Monday amid the website's battle with Hulk Hogan. Denton listed $10 million to $50 million in assets and $100 million to $500 million in debts, the New York Post reports; Denton owes Hogan $125 million after a jury sided with the... More »

Thiel Lawyer Trying to Squash Story on Trump Hair

Gawker wonders how many other suits Peter Thiel is secretly funding

(Newser) - PayPal founder Peter Thiel admits wanting to take out Gawker , but he's been less than forthcoming about which other cases he's helped fund—and a recent legal letter that demands Gawker stop reporting on Donald Trump's hair gives one pause on that question. In what the Verge... More »

Gawker May File Its Own Suit Against Peter Thiel

He spent $10M funding lawsuits against them

(Newser) - Well, it looks like Gawker won't be going down without a fight. Forbes reports Gawker Media is looking into suing billionaire archenemy Peter Thiel. Thiel claims he spent about $10 million funding multiple lawsuits against Gawker—including Hulk Hogan's incredibly successful one—in an effort to punish the... More »

Gawker for Sale After Declaring Bankruptcy

And Gawker-hater Peter Thiel is 'closer to his goal'

(Newser) - Gawker Media—responsible for blogs like Deadspin, io9, and Jezebel—filed for Chapter 11 bankruptcy Friday as a result of Hulk Hogan's successful lawsuit against it, the Wall Street Journal reports. According to Recode , Gawker will be put up for auction, with the first bid coming in at less... More »

Writer Mercilessly Mocked by Gawker Defends Gawker

Stephen Marche stands up for website

(Newser) - Gawker loves to mock Esquire columnist Stephen Marche, as he himself points out in the pages of the New York Times . Among other things, he's made the site's list of the "worst 100 white men" in history, as well as its roundup of "least important writers.... More »

Gawker Just Got Its Own Billionaire Backer in Hulk Hogan Trial

Hogan vs. Gawker is essentially now PayPal vs. eBay

(Newser) - Hulk Hogan's ongoing lawsuit against Gawker is starting to look a lot like a game of Rock'em Sock'em Robots with two tech billionaires at the controls. On Thursday, PayPal cofounder Peter Thiel admitted to secretly funding Hogan's lawsuit to the tune of $10 million. Reuters reports... More »

Gawker's Open Letter to Thiel: 'Peter, This Is Twisted'

Nick Denton challenges 'thin-skinned billionaire' to debate

(Newser) - Gawker founder Nick Denton has fired back against what he calls a "vindictive decade-long campaign" funded by PayPal founder Peter Thiel. In an open letter , Denton recaps legal actions against the company and Gawker writers and says: "Peter, this is twisted. Even were you to succeed in bankrupting... More »

PayPal Founder Admits Plan to Kill Gawker

It's about sticking up for the little guy: Peter Thiel

(Newser) - Peter Thiel admits he spent around $10 million to fund lawsuits against Gawker in the hope of ruining the media company—and it's "one of my greater philanthropic things that I've done." But "it's less about revenge and more about specific deterrence," the... More »

Judge: Gawker Still Has to Pay Hulk Hogan $140M

She declined to order a new trial or reduce the jury's verdict

(Newser) - Well, it looks like Gawker still owes Hulk Hogan $140 million. On Wednesday, a Florida circuit court judge declined to order a new trial or change the jury's verdict in Hogan's lawsuit against the media company, according to the Hollywood Reporter . Gawker's attorney had asked the judge... More »

PayPal Founder May Be Behind Legal Attack on Gawker

Peter Thiel reportedly funding Hulk Hogan's lawsuit

(Newser) - The founder of PayPal has long made clear that he hates Gawker. Now Forbes reports that Peter Thiel is using his billions to fund a potentially devastating legal fight against the media group. Specifically, the report says Thiel has been secretly funding Hulk Hogan's lawsuits against Gawker over the... More »

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