Gawker.com Is Shutting Down After Sale To Univision

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14 years after Gawker.com first tore into the digital journalism scene as a celebrity gossip site, Gawker Media’s flagship site will shut down next week, the site reported on Thursday.

The news comes after Univision successfully bid $135 million for Gawker Media’s network of six other sites, months after Silicon Valley billionaire Peter Thiel bankrolled wrestler Hulk Hogan’s legal battle with the site.

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  1. Why buy it then?

  2. For the rest of the property (Gizmodo, kotaku, io9, jezebel, etc)

  3. Not enough business in the steroid freak-show sex tape market to keep them going, presumably.

  4. I’m sure this will be well received by the TPM crowd but if you give it look past the schadenfreude it should give you concern. A media giant was annihilated because a billionaire didn’t like it. Ir’s pretty popular around here to bitch about the political power having a billion gives you. Particularly of it’s buying politics the bitcher doesn’t like. Well the Gawker destruction was just another flavor of that power. The man was pissed so he did what he could do…you or I could not…and put his billions behind him. He didn’t just change his world he changed yours and mine.

    Just like the Koch’s want to do.

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