Style gawker3/23/2023 ![]() After Gawker posted a sex tape featuring Hulk Hogan, the wrestler sued Gawker and won a hundred-and-forty-million-dollar judgment. This was long before Gawker became the subject of national fascination as a principal player in a drama that resembles something that Trey Parker and Matt Stone might imagine if they were commissioned to write a musical about the First Amendment. It was the first day of my three-shift tryout as the night editor of Gawker. on October 27, 2009, I sat at my desk in the hallway that I used as an office in my Brooklyn apartment and stared at a blank field on my computer screen where I could type words and hit “publish” and the words would instantly appear on a Web site read by tens of thousands of people. PHOTOGRAPH BY LANDON NORDEMAN / REDUXĪt 8 P.M. Gawker's Denton said in a statement that Ziff Davis' e-commerce, licensing and video assets would be a good fit with Gawker's websites, which include tech site Gizmodo, sports site Deadpsin, video-game site Kotaku, celebrity and women-focused site Jezebel, news and gossip site Gawker, car-site Jalopnik and self-help site Lifehacker.A Gawker Media employee in 2009 in front of a display of Web sites then operated by the company. One of his lawyers, David Houston, said in a statement that the wrestler and his legal team intend to pursue the judgment award and hold Gawker "accountable." In the filing, Hogan, whose real name is Terry Bollea, was listed as Gawker's biggest creditor. "While many of us disagreed with Gawker's news judgment in this case, and many are ambivalent about Gawker itself, the issue here was a billionaire's use and potential abuse of the legal process to drain a journalism outlet's resources." "You don't want billionaires to be any final arbiter of press fairness - that's just not democracy," he said. Media analyst Dean Starkman, a fellow at the Center for Media, Data and Society at the Central European University in Budapest, said the bankruptcy was an "ominous development" for journalism. A Gawker-owned site, Valleywag, ran a number of stories skewering Facebook, which provided a big chunk of Thiel's estimated $2.7bn fortune.Ī spokesman for Thiel said he had no comment on Friday. Thiel, who co-founded PayPal and was an early investor in Facebook, has been a frequent target of Gawker writers, who have written unflattering pieces about his political beliefs and utopian goals. Only afterward did Thiel's part in funding Hogan's lawsuit become clear. Hogan still won a judgment for $115m in compensatory damages plus an added $25.1m in punitive damages. ![]() Gawker said the footage was newsworthy information about a public figure, and protected by the First Amendment. Hogan sued Gawker after it posted a video of him having sex with a friend's wife. The New York publisher said in the filing that it has as much as $500m in debt and up to $100m in assets. ![]() Gawker filed for Chapter 11 bankruptcy protection about three months after Hogan won a lawsuit against the online gossip and news publisher. The move also allows Gawker's websites to keep operating normally, the company says. "With stronger backing and disentangled from litigation, (Gawker writers) can perform their vital work on more platforms and in different forms." "We have been forced by this litigation to give up our longstanding independence," Gawker founder Nick Denton said in a statement.
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