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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.
...their 15 daily "Fuck Trump" articles will be in Spanish now?
Maybe they will bring back "El Show de Xuxa". I know all the little kids miss that.
....that Hulk Hogan's penis is vibrant....
Silence is a state of mime.
"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."
We could not have picked an acquirer more devoted to vibrant journalism.
Really? Univision is one of the reasons I came to understand how blatant the liberal bias in the US media is. For example, there are lots of (legal) immigrants and children of immigrants who believe, now brace yourselves, that people who come to the US illegally are in fact criminals and that the right thing to do is to enforce the law. However, watching Univision's coverage of immigration-related matters, you will never hear anything about those people. All you will hear is how we need amnesty now. Come to think of it, they are really no different than any other major media outlet.
Vibrant journalism indeed. I once had a great deal of respect for Univision and their news people, but they have certainly proved they are biased. For example, according to Univision hispanic/latino/a Democrat politicians are held in high regard because of how their ethnic background helps them better understand the plight of the common latino/a in this country. However, hispanic/latino/a Republicans are considered sell outs and are demonized. Come to think of it, black politicians suffer the same problem. You can't be ethnic and go against the approved group-think.
I'll probably get modded into oblivion, but it's the truth.
There's no immigration in illegal alien.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
Fuck Univision and Gawker.