Gawker Media - Feat. Kotaku, Jezebel, and Friends

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ULTIMATEPRIMETIME said:
lol i was going around trying to find pics of hipsters crying over this but it turns out there are floods of comments both on facebook and tumblr, even on gawker/kotaku/jezebel's own pages on there, of people making fun of gawker and telling them to get fucked and are posting hulk hogan memes.

this brings me to the conclusion that literally no one cares about gawker but gawker itself.
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Post the screenshots. POST THE SCREEN SHOTS!!!
 
From Pwinsider, one of the reporters there say that if Gawker wants to appeal this according to Florida law they would have to put up a 15 million dollar bond. And if they LOSE again then that 15 million gets added to Hogan's pay out. Gawker just got #Hulked
 
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If Gawker goes down I wonder how Wu, Quinn, and their ilk are gonna react, considering Gawker-owned sites are some of the biggest shills for their bullshit.
 
Android raptor said:
If Gawker goes down I wonder how Wu, Quinn, and their ilk are gonna react, considering Gawker-owned sites are some of the biggest shills for their bullshit.
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Way back in the days of the early Internet (1998-2000), there used to be a proto-SJW cunt site called chickclick.com ("Email with sass!") and it was festooned with clip art that was butt-uuuuuuuuuugllllyyyyyy! It was a warning to us of the coming SJW menace even back then, but we didn't listen.
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So, interesting thing noted by a friend of mine;

Apparently within the ruling the free speech defence wouldn't apply, the ruling itself states that this precedent is to do with "non news-worthy material" which seems to protect the issue that Gawker and its SJW cabal was trying to sleaze along with, the caveat within the ruling seems to be why a lot of the SJWs are stepping away/throwing Gawker under the bus.
 
Rob Bricken, Richard Eisenbeis, and the "Bring Back Bullying" faggot are all facing unemployment.

It's like an early birthday present.
 
Android raptor said:
If Gawker goes down I wonder how Wu, Quinn, and their ilk are gonna react, considering Gawker-owned sites are some of the biggest shills for their bullshit.
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This makes me wonder, is there a chance any of them would chuck money at Gawker to keep it from being reamed out the ass and shut down? We know John Flynt will do damn near anything to stay in the spot light and gawker going under would give him one less hugbox to shit up though I'm not sure about Chelsea...
 
Coldgrip said:
This makes me wonder, is there a chance any of them would chuck money at Gawker to keep it from being reamed out the ass and shut down? We know John Flynt will do damn near anything to stay in the spot light and gawker going under would give him one less hugbox to shit up though I'm not sure about Chelsea...
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IMO, when Gawker goes under, the SJWs will scurry out and scatter like a swarm of parasitic worms out of the carcass of a dead praying mantis (we've all seen that video) and infect/infest other sites. Even fark.com is being modded by SJWs who B&hammer at the first hint of muh-soggy-knee.
 
Coldgrip said:
This makes me wonder, is there a chance any of them would chuck money at Gawker to keep it from being reamed out the ass and shut down? We know John Flynt will do damn near anything to stay in the spot light and gawker going under would give him one less hugbox to shit up though I'm not sure about Chelsea...
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Gawker has an extremely bad reputation not only with the public but also with the journalism/online clickbait community. It's very unlikely that anyone will offer to buy Gawker's assets knowing the baggage that comes with them.
 
Bork Laser said:
From Pwinsider, one of the reporters there say that if Gawker wants to appeal this according to Florida law they would have to put up a 15 million dollar bond. And if they LOSE again then that 15 million gets added to Hogan's pay out. Gawker just got #Hulked
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That's not entirely true. That's what's called a supersedeas bond, and what it does is stays the judgment pending appeal. That means Hulk couldn't actually collect on it while the appeal was ongoing. They can still appeal otherwise, but Hulk can go straight to execution and collecting on it, such as by putting Gawker into receivership.

At that point, any money it spends will be under court supervision, and the court could move straight to liquidating it and all its assets. So Gawker itself might not survive until the appeal is heard.

However, declaring bankruptcy results in a stay of all pending legal proceedings against the bankruptcy claimant. However, the result could be much the same, i.e. all Gawker's assets under court supervision and not allowed to squander them.

Nick and what's his name don't cease to exist, though, and if they were bankrupt, they could pursue an appeal.
 
Android raptor said:
If Gawker goes down I wonder how Wu, Quinn, and their ilk are gonna react, considering Gawker-owned sites are some of the biggest shills for their bullshit.
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Well, Wu's remaining neutral so he doesn't piss off the rest of his remaining supporters at Gawker.
 
AnOminous said:
That won't work. Both Denton and Daulerio are co-defendants in the case, and unless the verdict somehow splits it up specially, jointly and severally liable for the torts they personally committed jointly along with the corporate entity. That means each of them can separately be gone after for the entire verdict if, for instance, the corporate defendant ceases to exist.

One good thing is that since there are actually important free speech issues in the case, there will likely be an appeal because Denton isn't going to cease to exist. He's just gonna have a bad time.
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There's a lot of times I think Joint and Several is a bit of a travesty, but I can hardly feel any concern about it right now.
 
This piece of shit site had it coming for a long time. I'm glad something they did finally came to bite them right back up their assholes.
 
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http://heavy.com/news/2016/03/gawke...appeal-how-pay-lawsuit-revenue-columbus-nova/
How does Gawker’s net worth match up to Hulk Hogan’s lawsuit? A jury awarded the former professional wrestler $115 million in compensatory damages, plus additional punitive damages that will be decided next week. Gawker Media Group will appeal the verdict, but can the company afford the verdict if it loses the appeal? Could Gawker go bankrupt? While Gawker works on its appeal, the company may still be required to pay a high bond that numbers in the millions.

Here’s what you need to know.
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In 2014, Gawker had a net revenue of $44 million, making the site itself worth at least $250 million, Business Insider reported. This gave the company an operating profit of $6.5 million in 2014, The Wall Street Journal reported.

The net revenue came from a combination of traditional advertising and e-commerce. In 2014, Gawker Media’s e-commerce revenue grew to $100 million, netting it $10 million in addition to $35 million made in traditional advertising. The company’s overall revenue has been steadily growing every year since 2010.

Last summer, Gawker took an $8 million loan from Silicon Valley Bank to finance its relocation. 2015 was the 10th consecutive year that Gawker saw double-digit revenue growth, including $150 million in gross sales from e-commerce.
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Gawker was founded in 2002 and has been majority-owned by founder and CEO Nick Denton since the beginning. For the very first time, Gawker accepted an outside investment from Columbus Nova Technology Partners in January, The New York Times reported. (To learn more about Columbus Nova, please see this story.) The exact stake that Columbus Nova would take or the size of its investment wasn’t revealed by Gawker because of the trial. What is known is that the investment gave Columbus Nova a minority stake in the company and, according to Politico Media, the company now has veto power over key Gawker decisions. Jason Epstein, managing director of Columbus Nova, also got a seat on Gawker’s board of directors.

A leaked internal memo revealed that the company needed the investment to build up its “war-chest” in light of the Hulk Hogan lawsuit. Denton told Fortune, regarding the purpose of the outside investment:

It’s about putting Hogan behind us, and the future ahead of us.”

Denton has previously said there was a 1 in 10 chance that he would have to sell a controlling stake in Gawker in order to keep it afloat after a verdict, The New York Times reported.
Jason Epstein, managing director of Columbus Nova Technology Partners, told Fortune that he had no plans to get involved with Gawker’s editorial work. (Note: Some sources say thatColumbus Nova invested in Gawker while others say it was Columbus Nova Technology Partners. Both share the same logo and are part of the same company. Epstein is managing director at Columbus Nova Technology Partners and managing partner of Columbus Nova.)
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Gawker Will Appeal, But May Have Still Have to Pay a $50 Million Bond
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Even if Gawker appeals the verdict, it may still have to pay a bond capped at $50 million while it appeals, CNN reported. Florida law on this can be a little complicated. According to Politico Media, Florida’s original law stated that a defendant like Gawker could get an automatic stay on the judgment, pending appeal, if it paid a “supersedeas bond” in the amount of the judgment plus two years of interest. A newer 2012 Florida statute capped that supersedeas bond at $50 million.

Paying $50 million might still be expensive for Gawker. Because of this, Gawker might ask the court to reduce the bond or even stay the judgment without requiring a bond at all. Courts in Florida have the discretion to do this without requiring any bond payment if the defendant can’t afford the bond.

After Hulk Hogan’s damage award was announced on Friday, Denton released a statement saying that he expects to win the case on appeal, Slate reported. Denton said:

Given key evidence and the most important witnesses were both improperly withheld from the jury, we all knew the appeals court will need to resolve the case. … am confident that we would have prevailed at trial if we had been allowed to present the full case to the jury. That’s why we feel very positive about the appeal that we have already begun preparing, as we expect to win the case ultimately.
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