Tuesday, May 24

Gawker Media to Sell Gawker.com; Hulk Hogan to Receive 45% of Proceeds


According to the Wall Street Journal, Gawker.com is for sale.

Advisers overseeing the Gawker Media LLC bankruptcy estate have started exploring possibly a possible sale of the flagship site, which will include the Gawker brand, domain name, social media accounts and all archived stories, the Journal wrote.

In addition, the paper wrote that Hulk Hogan — who won a defamation lawsuit against the site that sent its parent company into bankruptcy will receive 45 percent of the proceeds.


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