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Gawker Shut Down by Proprietor BDG – Latest Hollywood News

Gawker seems to be shutting down for a second time. 

After first shutting down following a lawsuit from wrestler Hulk Hogan, the popular culture and satire web site was acquired by Bustle Digital Group CEO Bryan Goldberg in the summertime of 2018 for $1.35 million. Bustle relaunched the positioning in July 2021, with editor in chief Leah Finnegan on the helm.

Finnegan tweeted that the positioning is now shuttering once more.

“Properly, after an unbelievable 1.5 years, BDG has determined it’s achieved with Gawker 2.0. Can’t say sufficient about how proud I’m of the positioning and all of the sensible individuals who labored to create it, and what a staggering disgrace that is. I had an absolute blast, and I really like you,” Finnegan said in her tweet Wednesday.

A spokesperson for BDG didn’t instantly reply to a request for remark.

The positioning, based by Nick Denton in 2003, filed for Chapter 11 chapter in 2016 after a choose in Florida issued a $140 million closing judgment in favor of Hulk Hogan. Hogan had gone after the positioning after it posted a intercourse tape of the wrestler. Billionaire Peter Thiel was later discovered to have backed that lawsuit and different litigation towards the corporate.

As a part of the chapter course of, the corporate auctioned its different property, together with blogs Gizmodo, Jezebel and Deadspin, for $135 million to Univision.

Extra to return.

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