Gawker.com Announces Shut Down Before the End of August 2016

by San Antonio Attorney

After 14 years of presence online, Gawker.com is going to shut down before August 2016 ends, the company said on its website.

The New York City-based gossip and news website widely recognized for its usually mocking tone sometimes found itself faltering into altercation involving editorial choices, but the last gust happened when it had to file for Chapter 11 bankruptcy two months ago following a loss in a suit filed by Terry Gene Bollea, more popularly known as the former pro-wrestler, Hulk Hogan.

Gawker Media was ordered to pay $140 million in damages to Hogan for posting a sex tape on their website.

On Aug.  18, Gawker.com announced on their webpage that it will stop operations next week.

The fate of Gawker was closed when they wrote an article in 2007 about Silicon Valley billionaire Peter Thiel’s homosexuality with a title “Peter Thiel is totally gay, people.”

About four years later, former Gawker editor A.J.  Daulerio wrote a story that featured a sex tape of Hogan, but the video was deleted by Gawker after a lawsuit was filed and a judge ordered it to do so.  The website was also slammed for outing an executive of Condé Nast as homosexual.  After being criticized again for invasion of privacy, the controversial post was pulled by Gawker.

While the website shuts down, six other sites operated by Gawker Media which includes Deadspin and Jezebel, have been bought by Univision for $135 million.  Gawker.com reporter J.K.  Trotter published a statement about shifting employees around to acclimatize the shake-up:

Some news publishers have said that Thiel’s tactic of a covert undertaking to obliterate Gawker is a warning sign of First Amendment violation:

The huge amount of judgment, which is not paid by insurance, could bear out as devastating to Gawker if it the court upholds it–and could provide as an outline for any billionaire who wishes to besiege a media outlet.

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