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Gawker Media what are you going to do when Hulkamania runs wild on you brother? Oh declare bankruptcy I guess.

Posted on Friday, June 10, 2016

Well it looks like there won't be a new trial and Gawker Media owes Hulk Hogan 140 million dollars. So they did what they could I guess and declared bankruptcy. I'm glad to see them go, though I will slightly miss io9 and jalopnik. As for the rest of their properties, it couldn't have happened to a more deserving group of organizations.

 

http://www.reuters.com/article/us-gawkermedia-bankruptcy-idUSKCN0YW1YP

 

or

 

http://www.wsj.com/articles/gawker-declaring-bankruptcy-will-be-put-up-for-auction-1465578030?mod=WSJ_article_EditorsPicks_2