will be shut down next week
By Jordan Jolson on August 18, emf: : pm E Azuril I (caalsan
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Gawker. com, one of the oldest and media and culture Hogs, is shutting
down next week. The closure of Gamer Media' s (iagssrp blog folio's Univision’ s
acquisition of the company for million at a bankruptcy auction earlier this week.
Nick Denton, Gamer Media' s outgoing CEO, informed staffers of the news Thursday
afternoon in New according to a public post on tracker' s website. A bankruptcy Cour
signed off on the Univision acquisition later on Thursday.
Gawker Media filed for bankruptcy early this year after a Florida jury hit the company with
a million judgement after it published excerpts from a video of Hulk Hogan having
sex. Hogans lawsuit was backed by billionaire hedge funder and Facebook board
member Peter Thill, who has previously called Gamer Media' s
biog "the Silicon Valley equivalent ofa Qaeda." in door, Valleywag published an article
outing The as gay.
The post on Gamer noted that plans for Gawker. Com, as well as the sites
archives, have not been finalized.
n will move on to other projects, working to make the were a forum for the open exchange
of ideas and information, but out of the news and gossip business," said Benton in a
statement sent to E‘ etoile' s Peter Kafka. ". cran may, like Spy Magazine in its day,
have a second act. For the moment, however, it will be mothballed, until the smoke clears
and a new bywater can be fourth The archives will remain, but Mt) ' s posts will be the
last of this iteration."