"The saga is over." So proclaims Gawker founder Nick Denton who has settled his legal dispute with professional wrestler Hulk Hogan. The settlement, pegged at $31 million, is substantially less than the $140 million a Florida jury said Hogan was owed in his winning defamation suit against the now defunct gossip site.
A bankruptcy judge approved Univision Communications' $135 million acquisition of Gawker Media Thursday. Univision will fold six Gawker Media sites into the Fusion Media Group, but is not taking on flagship site Gawker.com.
After more than a decade of publishing content online, Gawker.com is shutting down next week, according to a post today by J.K. Trotter, a writer for the website.
Spanish-language TV network Univision emerged as the winning bidder in a bankruptcy auction for Gawker Media today.
"Uplifting" female lifestyle site LittleThings is making a bid for another big-name women's media outlet: Gawker's Jezebel blog.
Gawker Media filed for Chapter 11 bankruptcy on Friday, shortly before announcing the iconic blog network has reached an agreement with Ziff Davis to purchase its seven brands and other assets. Gawker's brands include Gawker.com, Deadspin, Lifehacker, Gizmodo, Kotaku, Jalopnik and Jezebel.
If you thought the Gawker saga would slow down as we creep closer to Memorial Day weekend, you thought wrong.
Gawker was just handed another loss in court this afternoon, when a Florida state court judge upheld the jury verdict rendered two months ago in the lawsuit from Hulk Hogan.
Now that they've had their day—two weeks actually—in court, Hulk Hogan and Nick Denton are taking their fight to the court of public opinion.
Zendesk today is launching a digital ads campaign at South by Southwest Interative in Austin, Texas, in effort to change the way potential clients see its brand.