Free Republic

Gawker will cease publication next week. The site reported on its own demise: After nearly fourteen years of operation, Gawker.com will be shutting down next week…Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets. Under pressure to come up with $140 million to cover the judgment in the Hulk Hogan (aka Terry Bollea) sex-tape case, Gawker Media put itself up for sale. Univision made a deal to buy the company for $135 million...

Fox News analyst Kirsten Powers is only one of many who are “super troubled” by an article published yesterday by Gawker which takes a sympathetic look at pedophiles. And by “sympathetic,” we mean depraved.

NEW YORK — A federal judge in New York City has issued a temporary order requiring Gawker Media to pull leaked pages of Sarah Palin's forthcoming book from its website. U.S. District Judge Thomas P. Griesa issued the injunction Saturday.

A memo today from Gawker Media honcho Nick Denton announces that he is laying of 19 of his 133 editorial positions and also suspending bonus payments, of which he forks over $50,000 a month. He notes also that advertising is up 30% over a year ago. He also confirms the hire of Gabriel Snyder to run Gawker.com, as we announced earlier this week. Gawker Media employees believe they will receive a "massive" pay cut without the bonuses—approximately 1/3rd of their current income. "There is no escaping the fact that we're losing some excellent colleagues and the environment next year will...