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Univision To Buy Gawker Media For $135 Million (recode.net)
An anonymous reader quotes a report from Recode: Univision has won the auction for Gawker Media. The TV network and digital publisher has agreed to pay $135 million for the bankrupt blog network, according to a person familiar with the deal. Univision's offer will encompass all seven of Gawker Media's sites, including Gawker.com. Ziff Davis and Univision were the only two bidders for Gawker, which filed for bankruptcy after Hulk Hogan and Peter Thiel won a $140 million judgment in a privacy case. Ziff Davis had originally offered $90 million for Gawker Media. Here's a statement from Gawker Media owner Nick Denton: "Gawker Media Group has agreed this evening to sell our business and popular brands to Univision, one of America's largest media companies that is rapidly assembling the leading digital media group for millennial and multicultural audiences. I am pleased that our employees are protected and will continue their work under new ownership -- disentangled from the legal campaign against the company. We could not have picked an acquirer more devoted to vibrant journalism." The deal won't be official for a bit. For starters, a U.S. bankruptcy court judge needs to sign off on the transaction. When it is final, the judgment funds will be set aside while Gawker appeals its court case; eventually the money will go to the side that wins.
"Ultimately #GamerGate is reaffirming what we've known to be true for decades: nerds should be constantly shamed and degraded into submission."
-- Sam Biddle, senior writer, Gawker Media
OK now let's hear about the big bad man that launched a lawsuit and brought down this horrid organization for clearly crossing the line. It's a freedom of speech issue, amirite? Like how it was OK for them to post Hulk Hogan, but when the same thing happened to Jennifer Lawrence it was wrong.
Gawker on Hulk: "We love to watch famous people have sex." Gawker on JLaw: "You have got to be fucking kidding me."
you mean illegal aliens entering our country. legal immigrants he has no problem with.
It's native-born judges of Mexican lineage that he has a problem with.
That +3 insightful post is even worse than what you believe. That same reasoning, "They're filling needed jobs and helping the local economies moving by doing though, dirty work" is the same reasoning many in the south used to defend the ownership of slaves.
people didn't just show up here with out going through a legal process.
The natives who were here before the English might quibble with "legal."
Can you define what you mean by "natives"?
Of course it's a very convenient way to bundle many different people in a same category and paint them as innocent victims of the evil white invaders, although various tribes (with different languages and customs) had been invading and slaughtering each other for generations before. That's like saying that Germans and French and Brits are all "Europeans" as if they hadn't massacred each other since the dark ages.
White bashing is not courageous, it's not self-righteousness, it's just lame.
lucm, indeed.