House Passes Bill Banning Noncitizen Voting in D.C. Elections
Democrats Getting Rich Off of Child Trafficking, Border Crisis
Loose Talk About the End of Everything
When a Cancel Culture Outlet Cancels Jobs, Fanning the Flag Enflamed Fires and...
Democrats Are Stuck With Joe Biden as Their Presidential Nominee
Laughing at Brian Stelter's MAGA-Fascist Fiction
Only Trump Can Launch and Win a War Against the DEI Army
You and What Army, ICC?
Palestinians and Israelis: A Loathe Story
The Polls Don't Lie: Thousands of People Show Up to Trump Rally In...
Mike Johnson Threatens to Punish ICC If It Proceeds With Israel Arrest Warrants
Joe Biden Says the Quiet Part Out Loud About the Election
Are Some Nonprofits Threatening National Security?
Speaker Mike Johnson Turns Against Democrats
Harvard Pro-Hamas Students Meet Their Consequences
Tipsheet

Wow: Gawker To Shut Down Next Week

It's the end of the road for Gawker: they'll be shutting down next week and ending all operations. The company was sold to Univision for $135 million during a bankruptcy auction. Univision elected to not continue to operate the site.

Advertisement

A statement from the site announced the shutdown and also threw shade at billionaire Peter Thiel:

After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media’s six other websites, and four months after the Silicon Valley billionaire Peter Thiel revealed his clandestine legal campaign against the company.

Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets. The near-term plans for Gawker.com’s coverage, as well as the site’s archives, have not yet been finalized.

Gawker filed for bankruptcy in June after losing a court case to Hulk Hogan. The site was told to pay the wrestler $140 million in damages after releasing a sex tape featuring Hogan.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement