Gawker files for bankruptcy – IOTW Report

Gawker files for bankruptcy

NEW YORK, June 10 (UPI) — Entertainment media company Gawker announced Friday it has filed for bankruptcy and will be put up for sale due to a $140 million civil judgment awarded to wrestler Hulk Hogan earlier this year.

New York-based Gawker detailed the move on its website Friday, saying the media company can continue operations but only if it is taken over by another owner.  MORE

7 Comments on Gawker files for bankruptcy

  1. Well done Hulk/Terry! Now go and cuckold some other friend, but first sweep the bedroom for hidden cameras and electronics.

    I hope whoever buys Gawker uses the assets for a different kind of reporting? rumormongering? muck-racking? Gawker always stunk to high heaven to me.

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