You will be redirected back to your article in seconds

Gawker Media Settles Lawsuits With Hulk Hogan, Others

Gawker Media and its founder, Nick Denton, have settled litigation with Hulk Hogan over Gawker’s posting of a sex video of the wrestler, along with two other parties who sued the now-bankrupt digital media company.

Gawker will pay Hogan and his lawyers $31 million to settle the $140 million jury award in the case, which was filed after Gawker.com in 2012 posted a video of the wrestler having sex with his best friend’s wife, according to documents filed Wednesday in Manhattan bankruptcy court.

Denton in a blog post confirmed that the settlements had been reached. “The saga is over,” he wrote. Under the terms of the agreement, three stories  published by Gawker Media — the one about Hulk Hogan, a story about the claim by Shiva Ayyadurai that he invented email, and a story about the feud between the founders of Tinder  —  are being removed from the web, according to Denton, who called that “the most unpalatable part of the deal.”

Previously, Denton and Gawker Media said they planned to appeal the verdict in the Hogan case along with the two other lawsuits, each of which were funded by Peter Thiel, PayPal’s billionaire founder and a vocal Donald Trump supporter. In the post Wednesday, Denton wrote that an “all-out legal war with Thiel would have cost too much, and hurt too many people, and there was no end in sight.” Thiel has defended his war on Gawker, which outed him as gay in a 2007 article, as a check on media organizations that publish individuals’ private info.

Under the settlement, Gawker will pay a total of $1.25 million to Ayyadurai and Ashley Terrill, a writer who had been working on a story about Tinder and sued Gawker for libel over Gawker’s story about the app company. Hogan (whose real name is Terry Bollea), Ayyadurai and Terrill were represented in the Gawker lawsuits by attorney Charles Harder.

As a result of the Hogan verdict, Gawker declared Chapter 11 bankruptcy and initiated the process of selling its assets.

In August, Univision Communications acquired six of Gawker Media’s sites — Gizmodo, Lifehacker, Deadspin, Jezebel, Kotaku and Jalopnik  —  for $135 million. Those sites are now housed under Univision’s Gizmodo Media Group, overseen by ex-News Corp exec Raju Narisetti. Gawker.com ceased publishing on Aug. 22, but the site remains live.

More Digital

  • View of the Public Library on

    New York City Public Libraries Drop Kanopy Free Movie-Streaming Service

    Kanopy suffered a blow with the decision by New York City’s three public library systems — collectively the biggest library system in the U.S., with some 210 branches across the Big Apple — to drop the free movie-streaming service, citing high costs. As of July 1, the New York Public Library and the Brooklyn and [...]

  • Cameo

    Celebrity Video Greetings Service Cameo Raises $50 Million

    Cameo, a service that works with celebrities to sell personalized video greetings to fans, has raised a $50 million Series B round of funding led by Kleiner Perkins. The Chernin Group, Spark Ventures, Bain Capital and Lightspeeed Venture Partners participated in the funding as well. Cameo wants to use the cash infusion to grow both [...]

  • Gena Konstantinakos - Topic

    Topic Hires Viceland's Gena Konstantinakos as VP, Development and Video Programming

    Topic, First Look Media’s entertainment studio and digital destination for original content, hired veteran producer Gena Konstantinakos as VP, development and video programming. Konstantinakos hails from Vice Media’s Viceland cable channel, where she was executive producer, development and current series. At Topic, she reports to Ryan Chanatry, general manager of Topic. Konstantinakos is tasked with [...]

  • Martin Kon - YouTube

    YouTube Hires Consultant Martin Kon as VP of Strategy

    Google’s YouTube tapped Martin Kon, who has worked as a tech, media, and telecoms consultant for more than two decades, as VP of strategy. Kon, based at YouTube’s headquarters in San Bruno, Calif., reports to chief business officer Robert Kyncl. Kon will work with YouTube senior execs to help formulate the long-term vision of the [...]

  • Sonos One

    Sonos Sues Competitor Bluesound for Patent Infringement

    Smart speaker maker Sonos has sued Lenbrook Industries, the company behind the audio brand Bluesound, for patent infringement. It’s the second such lawsuit from Sonos against a competitor, which has also been using its patents to gain concessions from the makers of voice assistants. In the lawsuit filed late last week in a California court, [...]

  • tubi tv roku

    Ad-Supported Video Service Tubi Tops 20 Million Monthly Active Users

    Ad-supported video service Tubi broke its own audience records in May: Tubi, which positions itself as a free alternative to Netflix, surpassed 20 million monthly active users last month, the company said Monday. The service’s users viewed more than 94 million hours of programming in May, according to Tubi, which also claimed to have brought [...]

More From Our Brands

Access exclusive content