Gawker.com Is Shutting Down Despite Univision’s Acquisition of Its Parent Company

Hearing scheduled today to finalize $135 million deal

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. 

The development comes two days after Univision successfully bid to acquire Gawker Media, which includes Gawker.com, Deadspin, Lifehacker, Gizmodo, Kotaku, Jalopnik and Jezebel. 

Trotter wrote: "Nick Denton, the company's outgoing CEO, informed current staffers of the site's fate on Thursday afternoon. The near-term plans for Gawker.com's coverage, as well as the site's archives, have not yet been finalized."

It's unclear whether Gawker.com will one day resume publishing after the Univision deal is finalized. A bankruptcy judge will hold a hearing at 2 p.m. today to finalize the acquistion, pegged at $135 million. Univision will likely fold Gawker Media's other six sites into its Fusion Media Group.

Gawker, which launched in 2002, filed for bankruptcy in early June after pro wrestler Hulk Hogan—with the financial help of Silicon Valley investor Peter Thiel—won a $140 million privacy lawsuit that centered on the publishing of a sex tape.