Gawker’s Flagship Site is Closing Next Week

After being bought out by Univision, Gawker Media’s flagship site, Gawker, will be closing its doors next week. In a post made today on the site, writer J.K. Trotter said:

After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media’s six other websites, and four months after the Silicon Valley billionaire Peter Thiel revealed his clandestine legal campaign against the company. Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets. Staffers will soon be assigned to other editorial roles, either at one of the other six sites or elsewhere within Univision. Near-term plans for Gawker.com’s coverage, as well as the site’s archives, have not yet been finalized.

This comes after the loss of a lawsuit by Hulk Hogan, costing the company over 115 million dollars. This, in turn, forced both Gawker Media and its founder Nick Denton to file for bankruptcy.

Matthew Sigler

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Gamertics Managing Editor in training; Ship2Block20 Contributor; Meme; Failure