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Thanks, Peter Thiel and Hulk Hogan–Gawker is shutting down


gawker

The lights are being turned off at the Gawker offices next week. (Scott Beale/Flickr)

Gawker is shutting down.

The website announced that they would be shutting down next week because their new owner, Univision, said so. The US Spanish-language network, which also owns Fusion, has decided to keep the media companies' other six sites alive, but not the flagship brand.

The company's problems started when the editors published a video of wrestler Hulk Hogan and he claimed a breach of privacy and sued the website. A Florida jury ruled in his favor and awarded him $140 million in damages -- money that Gawker didn't have, prompting them to declare bankruptcy.

Then it came out that Silicon Valley billionaire Peter Thiel had funded Hogan's lawsuit because Gawker had outed him as gay. The company was put up for auction and was bought by Univision.

Univision just decided to get rid of all the negative aspect of the sale by shuttering Gawker. This also does mean that Thiel and Hogan got what they wanted, and quite a few people are unhappy about this. Some see this as problematic for First Amendment rights, while others love Gawker and will miss it.

https://twitter.com/roseveleth/status/766325218621218817

Some people are not upset at all though.

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Thanks, Peter Thiel and Hulk Hogan–Gawker is shutting down

Anugya Chitransh

Anugya is originally from New Delhi, India. She studied journalism at the CUNY Graduate School of Journalism in New York, graduating with a master's in international reporting. She plans to travel one day to all the places she reads about. She likes reading fiction, pop music, and going to the beach, but absolutely hates anyone mangling or shortening her name (which is quite common). She binge watches Korean dramas and anime series. She's a freelance writer and has produced content that has appeared in NBC, The Times of India, Time Out Delhi, and other publications.

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