PT: Adds comment from Bollea's lawyer and at 3:30 p.m. We've confirmed the post is legitimate via Gawker's PR.įirst published November 2, 9:36 a.m. As for Peter Thiel himself, he is now for a wider group of people to contemplate." And that's surely in the spirit of the transparency Gawker was founded to promote.
#Gawker denton professional
Gawker filed for bankruptcy protection after a Florida jury awarded $140 million to Bollea after the former professional wrestler sued Gawker, claiming the site violated his privacy in 2012 when it published a sex tape involving him and the now-estranged wife of a friend.ĭenton finished on a warning note: "If there is a lasting legacy from this experience, it should be a new awareness of the danger of dark money in litigation finance. Gawker Media's assets were sold at auction to Univision back in August after the media company filed for bankruptcy earlier this year. Hogan's lawyer, David Houston, said in a statement that "all parties have agreed it is time to move on." "Life is short, for most of us," wrote Denton. Denton said it made sense to settle considering the amount of money Peter Thiel, the Silicon Valley billionaire who financed the lawsuit against Gawker, could afford. Lunch with the FT: Nick Denton Over lobster bisque, the founder of trailblazing gossip site Gawker talks about the fallout from outing a tech lord and. To settle the lawsuit, Gawker agreed to pay $31 million to Terry Bollea, aka Hulk Hogan, according to a filing Wednesday in US Bankruptcy Court in Manhattan. "After four years of litigation funded by a billionaire with a grudge going back even further, a settlement has been reached," Denton wrote in a post titled "A Hard Peace." "The saga is over." Americas Gawker settles with Hulk Hogan for 31.
#Gawker denton trial
“Let’s face it - do we think that Bustle or Nylon Magazine is going to pick a petty and ill-conceived fight with a deca-billionaire? Probably not.Gawker founder Nick Denton said in a Medium post published Wednesday that he and his now defunct celebrity gossip publication have settled the privacy lawsuit they lost to the wrestler Hulk Hogan. Terry Bollea, aka Hulk Hogan, testifies in court during his trial against Gawker Media. Silicon Valley billionaires with unprecedented power need to get used to the discomfort of press scrutiny, Gawker Media owner Nick Denton said Thursday. “If there is one website that could get me sued into oblivion, then it is almost certainly Gawker,” Mr. Goldberg, the site’s owner, submitted himself to an email interview in a new series, “ How Much Money Do You Have?” While not answering the question directly, he did have some thoughts on how Gawker’s comeback could affect his fortune. The new Gawker website opened with coverage of celebrities (“ Do Justin and Hailey Bieber Hate Each Other?”), the universe (“ Space: The Lamest Frontier”) and Gawker itself (“ Here’s What Some People Think About Gawker Coming Back”). “I was also willing to do it, which not many people can say.” Gawker Media is known for a lot of great stories, Denton said (like Gizmodo’s coverage of Facebook trending topics), but some of them may have missed the mark. But he says he also knows what it takes to create a. Nick Denton definitely knows what its like to watch a media company go under. “I suppose my selling points as a potential editor in chief of Gawker were that I had previously worked at Gawker and Bustle and was unemployed,” Ms. Gawker founder Nick Denton speaks at SXSW.
Finnegan hired a team of 12, mostly women, including four contributing writers. Finnegan wrote that when approached to lead the site last year, she had said, “Absolutely no way in hell.”Ī second approach in January won her over.
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