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Topic: Press

Gawker Has Filed for Bankruptcy and Says It Will Sell to Ziff Davis

Blog network was financially drained by legal battle with Hulk Hogan

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…

What Lies Ahead for Gawker Now that a Tech Billionaire Is Bankrolling Lawsuits Against It?

Cash-strapped company reportedly looking to sell

If you thought the Gawker saga would slow down as we creep closer to Memorial Day weekend, you thought wrong. Following a dizzying 24 hours that ended with Silicon Valley billionaire…

Judge Denies Motion for New Gawker-Hulk Hogan Trial Following Peter Thiel Bombshell

Tech billionaire has reportedly been bankrolling Hogan's suit

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. During…

The New York Times Isn't Backing Down From Story That Compares NFL to Tobacco Industry

Rebuffs league's demand for retraction

Even during the offseason the National Football League can't stay out of the public eye. The New York Times has not been shy about taking on the NFL and the dangers…

Hulk Hogan Awarded $115 Million in Lawsuit Against Gawker

CEO Nick Denton: 'We expect to win this case ultimately'

Hulk Hogan may not be affiliated with the WWE anymore, but the pro wrestler pinned down Gawker Media on Friday. Following two weeks of court proceedings, which included testimony about genitalia,…

Why Univision Just Bought Fake News Website The Onion

Move adds 25 million monthly uniques

In news that could have been straight out of The Onion itself, Univision has purchased a stake in the satirical news outlet. Terms of the deal were not disclosed. The top…

Upworthy Lays Off 14 Staffers to Focus on Digital Video

Grew from 5 million views to 167 million in 2015

Upworthy, the content-aggregation site known for its positive, feel-good viral posts, is jumping further into the digital video fray. But, as Politico reports, the new push into the crowded digital…

How Newsweek and IBT's Digital Redesigns Will Better Serve Advertisers

82-year-old mag gets new look

As it approaches its 10th birthday, IBT Media is ready to unveil new looks for its two flagship sites: the International Business Times and Newsweek. The International Business Times' redesign went…

Why Time Chose Angela Merkel as Person of the Year Instead of Donald Trump

ISIS leader was also a runner-up

Among a field that included Donald Trump and the leader of ISIS, Time surprised many this morning when it named German Chancellor Angela Merkel as its Person of the Year. "No…

Capital N.Y. Is Rolling Out a Nearly $6,000 Annual Paywall

‘Must-reads’ come at a price

Four months ago, Allbritton Communications bought the three-year-old media and politics site Capital New York with the aim of transforming media in the Empire State the way the company’s Politico,…

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