Gawker (Kotaku parent) Files for Ch. 11 Bankruptcy, Ziff Davis (IGN) looking to buy

Started by Legend, Jun 10, 2016, 05:22 PM

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Legend

Jun 10, 2016, 05:22 PM
Gawker (Kotaku parent) Files for Ch. 11 Bankruptcy, Ziff Davis (IGN) looking to buy - NeoGAF

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QuotePeter Thiel is getting closer to his goal: Gawker Media has filed for bankruptcy protection and says it eventually plans to find a new owner for the company. Gawker and owner Nick Denton are making the Chapter 11 filing today, in order to avoid paying Thiel and Hulk Hogan the $140 million judgement they won in Hogan's privacy trial earlier this year. Gawker has told it employees it still plans to fight the Thiel/Hogan case and to operate its publishing business while it does so. But it is also now formally entertaining offers to buy the company and says it has a firm bid from publisher Ziff Davis to buy the entire operation for less than $100 million. More here: http://www.recode.net/2016/6/10/1190...ale-ziff-davis

 
QuoteThough it's filing for bankruptcy, Gawker has no plans to cease its operations. The company will continue to operate as normal while the bankruptcy process proceeds and it appeals the Hogan judgment.  More here: http://www.politico.com/media/story/...m-hogan-004593

 
QuoteBreaking: Gawker Media files for bankruptcy...https://twitter.com/verge/status/741313624199860224

 
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kitler53

#1
Jun 10, 2016, 06:08 PM



         

Featured Artist: Emily Rudd

Raven

#2
Jun 10, 2016, 06:12 PM
Good. Maybe Kotaku will have to thin out its shame writers.

Aura7541

#3
Jun 10, 2016, 06:29 PM
Quote from: Raven on Jun 10, 2016, 06:12 PMGood. Maybe Kotaku will have to thin out its shame writers.
One would hope. Outside of leaks, Kotaku's content is rather meh.

Raven

#4
Jun 10, 2016, 06:34 PM
Quote from: Aura7541 on Jun 10, 2016, 06:29 PMOne would hope. Outside of leaks, Kotaku's content is rather meh.
Kotaku has a couple dang good investigators and writers. The rest are garbage, especially when they start diving into social issues. That feminazi Patricia Hernandez, in particular, should not be getting a paycheck for the trash she spews.

Aura7541

#5
Jun 10, 2016, 06:37 PM
Quote from: Raven on Jun 10, 2016, 06:34 PMKotaku has a couple dang good investigators and writers. The rest are garbage, especially when they start diving into social issues. That feminazi Patricia Hernandez, in particular, should not be getting a paycheck for the trash she spews.
Oh god, her articles were absolute garbage. She really can't go without trying to push 3rd wave feminist agenda.
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