Hulk Hogan 1 - 0 Gawker.
It's another take down for Hulk Hogan, (yes, that's the first and last wrestling term I'll be attempting to use), as online news site Gawker Media files for bankruptcy.
The move comes after a $140 million (€124.15 million) court ruling in favour of Hulk Hogan, following an invasion-of-privacy lawsuit over the publishing of a sex tape.
Founded in 2003 by Nick Denton, the is also responsible for sites sister Deadpin, Jezebel, Life Hacker and Kotaku.
Today, Gawker Media filed for Chapter 11 bankruptcy and is reportedly entertaining bids.
According to CNBC, filings showed that the media organisation has assets of $50 million to $100 million and liabilities of $100 million to $500 million.
The damages were awarded to Hogan after a jury decided that the media company had violated Hogan’s privacy by publishing a video of him having sex with his former best friend's wife in 2012. The punitive damages were awarded as a punishment to the company and are intended to deter other media companies from committing the offence.
Signs Charleen Murphy could be heading into the Love Island villa labi e
Gill Perdue is back with one of her best books yet If you’re looking for a gripping Irish novel to delve into this week, then look no further than All of Them Lied by Gill Perdue. lkt Gill Perdue is one of the finest Irish crime writers, and we couldn’t be happier to see her […]
We’re convinced! Many Fans were left disappointed when Irish influencer Charleen Murphy was missing from the original Love Island line-up ahead of this season. And after the first few “bombshell” arrivals of the season, fans are beginning to lose hope that their favourite content creator will be making an appearance on this year’s show. However, die-hard […]
Even Joanne McNally was ‘a bit taken aback’ In a recent podcast episode, Vogue Williams has admitted the name of her fourth baby is ‘a bit mad’. The Irish TV star announced she is expecting her fourth child with husband Spencer Matthews in an Instagram post in April. View this post on Instagram A post […]
