![]() ![]() But honestly the Gawker brand of savagery seems almost quaint in our current internet landscape and pandemic life could use the shakeup. A few years ago, added writer, director and actress Lena Dunham, “I would have said this was literally my worst nightmare and gotten under my covers for a week. “If blind items come back, I want people to know that they’re all about me,” Saturday Night Live cast member Bowen Yang said. The new version of Gawker offers up a handful of tangy items with headlines like “Do Justin and Hailey Bieber Hate Each Other?” and “Adam Neumann Spotted in the Hamptons with a Pizza and a Rabbi.” One post gathers impressions from a wide array of media and cultural figures reacting to the rejuvenation of the site. The New York Post reports that the Chapter 11 bankruptcy filing. ![]() Univision ran the portfolio at a loss for a couple of years before unloading it in 2019 to a private equity firm. WRESTLING legend Hulk Hogan has dropped the ultimate body slam on Gawker forcing the New York gossip website into bankruptcy. It wound up being acquired by Univision Communications for $135 million, on the condition that the original Gawker would remain defunct. Through most of its run, though, sharp writing and keen observation were Gawker hallmarks at a time of layoffs and retreat for media, and its demise left a sizable void.Īfter the trial, Gawker Media, whose other brands included Deadspin, Jezebel and Gizmodo, declared bankruptcy. Others viewed Gawker’s end as a proper comeuppance after a reckless series of decisions and more than a decade of gleefully walking up to, and sometimes over, ethical boundaries. Some saw it as a chilling sign, a beacon of free expression being extinguished by a mogul’s caprice and financial resources. The libel verdict prompted a wide range of reactions in the media business and in the culture at large. To read the the Los Angeles Business Journal piece, see J2 Global Submits $100M Bid for Gawker Media.Deadspin Loses Veteran Writer Drew Magary As Website's News Flow Runs Dry - Update What Gawker Media Acquisition Means for Univisionįor Politico, see Gawker’s bankruptcy a powerful defense against Peter Thiel. Will New Gawker Owner Be Responsible for Hulk Hogan’s $140 Million Award? “I would expect, that when all is said and done, ultimately there would be a settlement with a substantial reduction in the amount of the claim,” Jerry told The Wrap.įor The Wrap stories, see What’s Next for Gawker – And Will Hulk Hogan Get His Money? The Chapter 11 filing came Friday, just minutes after a Florida judge. According to Jerry, Gawker’s latest move might mean that Hulk Hogan will not receive the full $140 million judgment from his invasion of privacy lawsuit, which surrounded the company’s 2012 publication of a sex tape depicting the former wrestler. Wrestling legend Hulk Hogan has dropped the ultimate body slam on Gawker forcing the New York gossip site into bankruptcy. Jerry was quoted by The Wrap, Politico, Los Angeles Business Journal and Financial Times. Jerry Bregman was recently asked by several publications to discuss Gawker’s filing for Chapter 11 bankruptcy protection, and what’s next for the embattled media company. Arrow Back to Newsroom Jerrold Bregman Quoted Extensively on Gawker Bankruptcy and Hulk Hogan Judgment
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