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Gawker.com Sold To Bleacher Report Co-Founder Bryan Goldberg In Bankruptcy Auction (cnn.com)
The now-dormant news and gossip website Gawker.com was sold on Thursday to Bryan Goldberg, the founder of Bustle and co-founder of Bleacher Report. According to CNN, the site sold for less than $1.5 million. From the report: Goldberg founded the sports website Bleacher Report along with three other people in 2005; in 2012, they sold it to Turner, which like CNN is owned by AT&T. He launched Bustle, a website focused on women's issues, in 2013. Goldberg addressed the Gawker sale in a Bustle internal email on Thursday, saying the site will be acquired "under a new holding company, separate from Bustle."
"You are probably wondering what happens next," he said in the email, which was obtained by CNN. "The short is this -- not much. We have no immediate plans to re-launch Gawker. For now, things will stay as they are. I'm very excited about the possibilities for the future of Gawker. I will share more in the months ahead." The sale includes an archive of hundreds of thousands of Gawker stories and social media accounts affiliated with the site. Gawker Media was sold to Univision in 2016 for $135 million and renamed Gizmodo Media Group after the company declared bankruptcy, "the result of a legal assault waged by the former pro wrestler Hulk Hogan that was secretly subsidized by Silicon Valley billionaire Peter Thiel, a longtime Gawker adversary," reports CNN.
"You are probably wondering what happens next," he said in the email, which was obtained by CNN. "The short is this -- not much. We have no immediate plans to re-launch Gawker. For now, things will stay as they are. I'm very excited about the possibilities for the future of Gawker. I will share more in the months ahead." The sale includes an archive of hundreds of thousands of Gawker stories and social media accounts affiliated with the site. Gawker Media was sold to Univision in 2016 for $135 million and renamed Gizmodo Media Group after the company declared bankruptcy, "the result of a legal assault waged by the former pro wrestler Hulk Hogan that was secretly subsidized by Silicon Valley billionaire Peter Thiel, a longtime Gawker adversary," reports CNN.
It was some really entertaining stuff, though, you have to admit. Sad Hulk Hogan banging his buddy's coke whore wife and then Peter Theil, who is really, really gay, using the Hogan case to punish Gawker because Gawker said, quite correctly, that he was gay. Streisand Effect gone wild.
It was a fable for the modern age.
You are welcome on my lawn.
The various websites associated with Gawker are so terrible it is comical.
Whether it's The Root with its articles which foment racially-based hatred, or Jezebel with "relationship advice" which comes from people who should be held as in-patients in a mental health facility, the whole mess is a waste of electrons.
I suppose Gawker is good for keeping idiot SJWs busy at night, though. That may be its single redeeming feature.
Thiel was over in Saudi Arabia when the story about him being gay broke. Not the best place to be when you hear that news.
Also not the best country to put money into if you're gay. Not just self-defeating, but harmful to everyone who shares that sexual orientation.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"