#GAWKER MEDIA AUCTION PROFESSIONAL#
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He got Hulk Hogan, but he was financing other lawsuits as well. This is seen as a way to build that audience in Gawker's family of sites - Jalopnik about cars, other sites about women's issues, about gadgets, Silicon Valley and the like.ĬORNISH: So why would it want Gawker Media but, like, not its namesake - right? - not Gawker itself?įOLKENFLIK: Well, Peter Thiel financed this lawsuit against Gawker because of what had happened to him. It bought The Root, which appeals to African-American readers in particular and recently acquired earlier this year a controlling stake in The Onion and its sister site ClickHole for, you know, for content that's both cultural and particularly satire in entertainment. So Univision's been building up a roster of digital sites, including Fusion as a digital site and an English-language cable channel to appeal to younger viewers. Younger Latinos tend to consume their content and news and entertainment in English like their millennial peers.

It's dominant in Spanish language, as you say, but its viewership is aging and aging badly.

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What's its interest in Gawker Media?įOLKENFLIK: So Univision's facing the same issue a lot of TV broadcasters has. He vowed retribution, and he's gotten it.ĬORNISH: Now, people probably know Univision as the owner of the nation's dominant Spanish language TV network. He wasn't ready for his sexual orientation to be made public. He was outraged by a post almost a decade ago in which Gawker revealed that he was gay. The actual cause of its demise is the Silicon Valley investor and billionaire Peter Thiel. He sued Gawker in a court in Florida for posting an excerpt of a videotape of him having sex with the wife of a man who, at the time, was one of his close friends. And David, how did we get to this point?ĭAVID FOLKENFLIK, BYLINE: Well, so the proximate cause of death, as you say, is Terry Bollea, who we think of as Hulk Hogan.

NPR's David Folkenflik has covered Gawker for years.

#GAWKER MEDIA AUCTION PROFESSIONAL#

Now, this all stems from a lawsuit filed by the former professional wrestler Hulk Hogan. But the flagship website will not continue. After an auction forced by its bankruptcy filing, Gawker Media's family of websites, including Jezebel and Deadspin, has found a new home at Univision Communications. The news and gossip website is shutting down.

Gawker media auction