Hulk Hogan Settles With Gawker For $31 Million (go.com)
Gawker Media, which filed for bankruptcy after losing a lawsuit brought by the former professional wrestler Hulk Hogan, has settled the case. The settlement, which court documents indicate is for $31 million, comes less than eight months after a jury awarded Mr. Hogan $140 million in damages in an invasion of privacy case lawsuit over Gawker's publication of a video that showed Hogan having sex with a friend's wife. From a report on ABC: Settlement documents filed at a New York federal bankruptcy court stipulate that Hogan, whose real name is Terry Bollea, will get $31 million plus share with other creditors 45 percent of any additional funds that come into the bankruptcy court by virtue of third-party claims brought by Gawker. Hogan's camp said in a statement: "After almost five years of litigation all parties agreed it was time to resolve this matter. This will allow people to go about their lives and concentrate on things more important than continued court proceedings. As in any case involving negotiation all parties give-and-take. We would like to thank everyone involved in the process." In a blog post on the settlement, Nick Denton, the founder of Gawker Media, wrote: "After four years of litigation funded by a billionaire with a grudge going back even further, a settlement has been reached. The saga is over."
His company was destroyed because he ignored the law. Let's all feel sorry for him. I'm playing the world's smallest violin.
A boil has been excised from the ass of humanity.
HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
Jennifer Lawrence pics = BAD AND EVERYONE WHO LOOKED AT THEM SHOULD FEEL BAD. Hulk's sex tape = FREEDOM OF THE PRESS.
Live by the douchebag, die by the douchebag. And this big ball of dirt keeps on spinning.
It's a sad, sad day for media outlets, and journalism in general.
How can we exist as a democracy when the public isn't going to be allowed to see stolen sex tapes of washed up celebrities? This is going to have a chilling effect on news outlets everwhere.
Think of all the sex tapes hidden from the public of washed up celebrities that will now never come to light because of this censorship! There could be sex tapes of Charo giving a blowjob to John Davidson stolen by Danny Bonaduce, and we'll never see them! It's shocking, shocking I say! There could be a sex tape of Corrie Haim giving a reacharound to Corey Feldman! A double Correy sex tape, and we may never see it! How will modern journalism, nay democracy survive!
A millionaire sued another millionaire and millions changed hands. Everyone is scum in this situation. Plaintiff, defendant, and lawyers. Just an average day in America.
The only thing worse than a Democrat is a Republican.
Who invented email? This settlement includes $750,000 to Shiva Ayyadurai and removal of the article that debunks his claim that he invented email.
Does anyone think that part of the settlement is justified by anything except Thiel's money?
The real "Libtards" are the Libertarians!
he did before his wife took half and he got blacklisted because of gawker.
just because someone has something doesnt mean if they are wronged they should just deal with it
have you seen my sig? there are many others like it but none that are the same
Doesn't matter, status of the relationship, regardless of how skeezy it is. In the US, you can't publish a sex tape without the consent of everyone that's in it. That's really the only question here. I'm not a fan of anyone in this story, but Gawker willfully, purposely, knowingly, blatantly broke the law. I'm no celebrity but as someone who likes his privacy, I'm pretty glad they got sued and lost.
It's interesting. When you see these 'leaked' sex tapes of celebrities that _aren't_ suing Gawker media, that's not a leak. That's a consensual, for-profit marketing ploy for said celeb.
It's a sad state of affairs when you need a billionaire with a grudge backing you to get any justice.
There aren't any laws against adultery, however there are laws against privacy violations.