Gawker is shutting down for good

Gawker is shutting down for good

Gawker.com is shutting down for good. In a post on its website, the publication had the following to say:

After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media’s six other websites, and four months after the Silicon Valley billionaire Peter Thiel revealed his clandestine legal campaign against the company.

Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets. The near-term plans for Gawker.com’s coverage, as well as the site’s archives, have not yet been finalized.

This comes on the heels of Terry Bollea — better known as Hulk Hogan — successfully suing the company for distributing a video of him having sex with a friend’s wife.

Gawker then sold to Univision in bankruptcy. It’s not clear what may happen to Gawker’s other sites like Gizmodo and Lifehacker at this point.

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