![]() Just as Gawker's success giveth the millions, Gawker's demise taketh the millions away. While the bankruptcy filing protects the media company's assets from falling into Hogan's (or Thiel's) hands, it's also a significant blow to a company that prided itself on being independent from traditional journalism. Even if Gawker's appeal of the Florida court's decision is successful, it's unlikely the company will be the same under Ziff Davis' control. "A combination would marry Ziff Davis' strength in e-commerce, licensing and video with GMG's premium media brands." "We are encouraged by the agreement with Ziff Davis, one of the most rigorously managed and profitable companies in digital media," Denton said in a statement. But Denton has given the bid his blessing. The sale won't be final until the bankruptcy court-supervised auction scheduled for the end of July. Ziff Davis, a digital media company of Hollywood-based j2 Global Inc., agreed to buy the company, including all of the sites, for $100 million. Last Friday, Gawker Media filed for Chapter 11 bankruptcy. Gawker has between 200 and 1,000 creditors, $100 – $500 million in liabilities, and only $100 million in assets. In May, a Florida judge upheld the judgement.Īlthough Denton sold a minority seat in Gawker Media to a Russian billionaire so he could afford the legal battle with Hogan earlier this year, the company still doesn't have the funds to pay the judgment or the $50 million bond. Denton was held liable for at least $10 million of the judgment and could be personally liable for whatever Gawker Media can't afford. A clip that attracted five million views ended up costing Gawker $140 million in damages. Gawker's argument that the video was protected under the First Amendment didn't fly with the Florida jury. With the financial help of tech billionaire Peter Thiel, whom Gawker "outed" in 2007, Hulk Hogan sued. ![]() That video got leaked and was posted on in 2012, despite pleas from Hogan's legal team that the footage was taken without his permission. Unbeknownst to the wrestler, his best friend secretly hid a camera and microphone in the room to film the encounter. In 2006, Hulk Hogan slept with Health Clem, his best friend's wife. "Nick's intention was always to do what British newspapers had done forever, which was to not hold back on going after important stories, no matter who they involved," Gaby Darbyshire, Gawker's former chief operating officer, who worked alongside Denton for a decade, told the Independent: "When we started Gawker in the States, that tone and willingness to shine a bright light on dark corners didn't really exist."īut maybe the United States wasn't ready to see all the dark corners Gawker wanted to illuminate. Of course, there were plenty of sex and drugs scoops too: Josh Duggar's Ashley Madison account and former conservative mayor of Toronto, Rob Ford, smoking crack. Gawker's scoops included the Tom Cruise Scientology indoctrination video and news of Hillary Clinton's use of private emails. It kept billionaires, movie stars, and state leaders real. But Gawker tried to be more than just a gossip blog.ĭenton wanted Gawker Media to transcend the world of traditional tabloids and blogs by publishing stories that were not only interesting, but also true and original. It detailed the drama in Hollywood, New York, Washington, DC. "People like a little bit of a soap opera in their media," Denton once said and the media empire he created definitely gave people what they wanted. Gawker Knocks Celebrities Off Their Pedestals At his peak, Celebrity Net Worth estimated Denton was worth $120 million, thanks to his stake in Gawker and various other investments. These views translate to millions of dollars for Denton. The company's headquarters on Fifth Avenue house the almost 300 employees who crank out stories for , the sports blog Deadspin, the tech blog Gizmodo, and feminist site Jezebel. It is only one of the eight successful sites that make up Gawker Media. Today, alone gets millions of views a month. By May 2003, Denton reported on Gawker that his site was receiving more than 20,000 visitors per day and 500,000 page views per month. The site took aim at celebrities and the New York media with a catchy, "snarky" tone. In 2002, Denton launched Gawker in his Manhattan apartment. Denton was a natural Internet entrepreneur. He co-founded two sites and sold one of them two years later for $50 million. But he quickly quit his job and joined the revolution, instead. The Oxford-educated graduate was supposed to cover the Internet revolution. ![]() In 1998, the Financial Times sent a British journalist to San Francisco. An Oxford-Educated Journalist Becomes a Gossip Blogger
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We've got even more planned for the anniversary on September 13, but we don't want to spoil the surprise just yet-so be sure to check back for details closer to the big day.Įveryone who owns Borderlands 3 will want to take advantage of these exceptional mini-events before the whole shebang ends at 8:59 AM PT on September 16.Play What are Shift Codes and Golden Keysīorderlands 3 Shift Codes and Golden Keys are announced regularly through different sources. Starting September 9 at 9:00 AM PT, we’re kicking off two more mini-events happening in tandem: Mayhem Made Mild, where you'll only encounter Easy modifiers in Mayhem Mode, and Show Me the Eridium, which grants increased Eridium drops and Eridium item discounts. The fun doesn't stop after your galactic tour. Week 4 (9:00 AM PT September 2 to 8:59 AM PT September 9) - Nekrotafeyo.Week 3 (9:00 AM PT August 26 to 8:59 AM PT September 2) - Eden-6.Week 2 (9:00 AM PT August 19 to 8:59 AM PT August 26) - Promethea.Week 1 (9:00 AM PT August 12 to 8:59 AM PT August 19) - Pandora.It'll be up to the community to discover which kinds of Legendary loot drops where, so mark your calendars: Just like last year, each planet's affected zones have their own dedicated Legendary weapon type (Pistol, Shotgun, SMG, Assault Rifle, Sniper Rifle, or Heavy), and may also have increased chances for Legendary gear types (Class Mods, Artifacts, Shields, or Grenade Mods). And of course, you'll get to keep all the bonus Legendary loot you find during these mini-events! Each week during Loot the Universe, Borderlands 3's planets will take turns becoming a bastion of better drops, with specific types of Legendary loot having increased chances of dropping in one of that planet's zones. Starting August 12, the fan-favorite Loot the Universe series of mini-events that reward you with loads of Legendary loot for seeing (then shooting) the planetary sights will be back. To celebrate the second anniversary of Borderlands 3 on September 13, 2021, we have five weeks of mini-events lined up to show our appreciation for your passion and support! There's been plenty of B元 mayhem made since our previous Year in Review check-in, including the launch of the Director's Cut add-on (with its raid boss, story missions, behind-the-scenes content, and Vault Cards), the long-awaited Crossplay Update, and in-game additions like Crazy Earl's Reroll Machine and Maurice's Black Market Vending Machine. ![]() ![]() Two years since launch and Borderlands 3 is still going strong, all thanks to you-the Borderlands community. 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Kevin took the idea of making the film from the book of the same name. Kevin Costner plays the lead role in the same, and at the same time, he was the director and the producer of the film. The only best part about the film was it was released on Christmas (25 December 1997). The 90’s action-adventure, The Postman, which is based on an American post-momentous, sounds so fascinating. |