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How Things Work

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How Things Work

Gawker,

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Gawker’s demise offers a storybook ending showcasing the power of deep pockets.

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7

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Recommendation

Gawker – the celebrity gossip blog – has posted its final story after Terry Bollea (a.k.a. wrestler Hulk Hogan) won a $140 million privacy lawsuit against the Gawker Media Group. In the website’s final post on August 22, 2016, Gawker Media founder Nick Denton bids readers good-bye and explains that this is a fitting end for a website that strived to help people understand “how things work” and the “secret ways that power manifests itself.” getAbstract recommends this article to people who have followed the lawsuit and to anyone interested in the power of deep pockets.

Summary

Terry Bollea’s (a.k.a. wrestler Hulk Hogan) $140 million privacy lawsuit has shut down the Gawker gossip blog. Bollea’s secret financial backer was Silicon Valley billionaire Peter Thiel – co-founder of PayPal – who had become disgruntled after one of Gawker Media’s other blogs outed him as a gay man. Since the judgment, Spanish language media corporation UniVision has purchased Gawker Media for $135 million, but its namesake website is defunct. Gawker’s demise is the ultimate story of “how things work” and the “secret...

About the Author

British Internet entrepreneur Nick Denton is the founder of the Gawker Media Group and was the managing editor of Gawker.com.

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