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Keyword: gawkershutdown

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  • Gawker will shut down next week

    08/18/2016 1:25:13 PM PDT · by Kaslin · 11 replies
    Hot Air.com ^ | August 18, 2016 | JOHN SEXTON
    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...