Peter Thiel Writes About Supporting Hulk Hogan’s Lawsuit Against Gawker Media in a New York Times Op-Ed

by San Antonio Attorney

Before the bankruptcy auction of Gawker Media, billionaire Peter Thiel provides explanation on why he is supporting Hulk Hogan’s lawsuit against the online media company for invasion of privacy.

In a New York Times op-ed, Thiel proudly declared his financial support for Hulk Hogan’s case and even said that he would be willing to support other people in the same situation.

On March 18, Hulk Hogan was awarded $140 million in damages by a jury in a lawsuit that arose because of Gawker’s 2012 article that featured a sex tape involving the former professional wrestler.  Gawker is appealing the court’s ruling.

Thiel is claiming that he is defending the privacy in the information age. According to him, journalism needs to discriminate access to the sex lives of private individuals.

In an interview with the Times, Thiel admitted that he spent about $10 million funding lawsuits aimed at Gawker Media, which includes the Hulk Hogan lawsuit. The war between Thiel and Gawker started in 2007 when the site published an article exposed PayPal co-founder as gay to many readers on the Internet.

Gawker, which filed for bankruptcy in June, is now in the middle of a sale process that will restructure the company to an independent media organization.  American publisher Ziff Davis is considered a as the stalking horse bidder of Gawker.

Thiel, a board member of Facebook, has been a fervent supporter of GOP presidential contender Donald Trump. During the Republican National Convention in Cleveland, he pleaded chose Trump because because the U.S. economy is wrecked.

Gawker Media founder Nick Denton has filed for Chapter 11 bankruptcy on Aug. 1 after the verdict in favor of Hogan. Denton has often said antagonistic comments about Thiel and has even said that the technology mogul grudge against Gawker and others is “sadistic.”

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