Gawker.com to shut down next week - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Gawker.com to shut down next week

Posted: Updated:
Gawker Media founder Nick Denton arrives in a courtroom in St. Petersburg, Fla. Gawker Media founder Nick Denton arrives in a courtroom in St. Petersburg, Fla.
  • NationalMore>>

  • AP-NORC Poll: Most have dour outlook on America's direction

    AP-NORC Poll: Most have dour outlook on America's direction

    Friday, February 23 2018 11:39 AM EST2018-02-23 16:39:41 GMT
    Most Americans say things are bad in the U.S., but feel good about the economy. 
    Most Americans say things are bad in the U.S., but feel good about the economy. 
  • Trump says he goes to great lengths to hide his bald spot

    Trump says he goes to great lengths to hide his bald spot

    Friday, February 23 2018 11:46 AM EST2018-02-23 16:46:37 GMT
    (AP Photo/Evan Vucci). President Donald Trump gestures as he makes a joke about his hair during remarks to the Conservative Political Action Conference, Friday, Feb. 23, 2018, in Oxon Hill, Md.(AP Photo/Evan Vucci). President Donald Trump gestures as he makes a joke about his hair during remarks to the Conservative Political Action Conference, Friday, Feb. 23, 2018, in Oxon Hill, Md.
    Now it can be told: President Donald Trump goes to great lengths to hide the bald spot revealed in a recent photo. 
    Now it can be told: President Donald Trump goes to great lengths to hide the bald spot revealed in a recent photo. 
  • The Latest: Senate leader questions if Greitens can lead

    The Latest: Senate leader questions if Greitens can lead

    Friday, February 23 2018 11:45 AM EST2018-02-23 16:45:41 GMT
    (St. Louis Metropolitan Police Department/St. Louis Post-Dispatch via AP). A booking photo provided by the St. Louis Metropolitan Police Department shows Missouri Gov. Eric Greitens on Thursday, Feb. 22, 2018.  A St. Louis grand jury has indicted Greit...(St. Louis Metropolitan Police Department/St. Louis Post-Dispatch via AP). A booking photo provided by the St. Louis Metropolitan Police Department shows Missouri Gov. Eric Greitens on Thursday, Feb. 22, 2018. A St. Louis grand jury has indicted Greit...
    Missouri Gov. Eric Greitens has canceled plans to attend an annual meeting of the nation's governors following his indictment stemming from an extramarital affair. 
    Missouri Gov. Eric Greitens has canceled plans to attend an annual meeting of the nation's governors following his indictment stemming from an extramarital affair. 

NEW YORK (AP) — Gawker.com is going to shut down as its parent company is sold to Univision, a reporter for the 14-year-old site said Thursday.

A Gawkerreport Thursday said that Nick Denton, Gawker's founder, told staffers that Gawker.com was ending on Thursday afternoon.

Univision, the Spanish-language broadcaster, is buying Gawker Media for $135 million out of bankruptcy in the aftermath of a $140 million judgment against it in the Hulk Hogan invasion-of-privacy case. Gawker Media went into bankruptcy protection after the verdict, and a judge has to approve the sale at a hearing Thursday.

The company has other blogs apart from its namesake, including the women-focused Jezebel, tech-oriented Gizmodo and sports site Deadspin. Univision is interested in those properties as it seeks a more youthful audience than that commanded by broadcast TV.

Gawker.com's shutdown comes after it was gunned for by Silicon Valley billionaire Peter Thiel, who had secretly bankrolled Hogan's lawsuit. Thiel was outed as gay by a Gawker-owned website in 2007. His push against Gawker raised concerns about wealthy people covertly working to undermine media companies they didn't like.

Gawker's style was influential throughout publishing. It was initially a breezy, insider-y chronicler of the media that made it a must-read for many in the industry. In later years it branched out into salacious stories of all kinds but still enjoyed needling establishment figures in media and technology.

Nick Denton, Gawker's outspoken founder and a former Financial Times journalist, for now does not plan on going to Univision.

Powered by Frankly
All content © Copyright 2000 - 2018 Midwest Television, Inc. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.