Newswire: Gawker Media files for bankruptcy, and it’s all Hulk Hogan’s fault
Gawker Media has had its fair share of celebrity feuds over the years: There was that time Quentin Tarantino vowed revenge against the online outlet for leaking his Hateful Eight script back in 2014, for example. But, perhaps appropriately, it was Terry “Hulk Hogan” Bollea who put Gawker Media in a choke hold earlier this year when a Florida judge ruled that the media company owed the No Holds Barred star $140 million in damages for posting a sex tape featuring the former pro wrestler in 2012.
Artist’s rendering of the verdict
Now Variety reports that Gawker Media filed for bankruptcy protection in a New York court earlier today—an expected outcome after Gawker’s failed appeal—and that the outlet will probably go up for sale in the near future. Publisher Ziff Davis, which owns Askmen and IGN, among other publications, has reportedly already offered $100 million for …