Posted March 18, 2016 (edited) Is anyone following the Hulk Hogan Vs Gawker Media trial (owners of Kotaku) Gawker Media with a net worth of $300million a TL: DR version is Hulk hogan was filmed having sex (without his knowledge), in it he said some racist things also, Gawker got this secretly filmed tape and plastered it all over their website - the same website that complained about the celebrity nude icloud hack "the Fappening" Hulk Hogan takes them to court and sues them for $100 million - a laughable sum but considering the hipicorisy and how he was filmed without his knowledge, Gawkers defence of it being in the public interest was weak as shit and despite hilarious jurors being dismissed for being angry at him for certain wrestling matches the trial has gone ahead He only fucking won, despite it best guesses of a potential moral victory and him getting modest sum........ $55 million in economic injuries + $60 milliion for emotional distress = a massive amount in damages owed by Gawker And punitive damages will be tacked on top of that $110 million So what does this mean for Kotaku (and the other media outlets) owned by Gawker Is this the end for Kotaku? Loving the obvious wrestling related puns and gif's that are blowing up on twitter right now Schadenfreude to the max right now Edited March 18, 2016 by Agent Gibbs Share this post Link to post Share on other sites
Posted March 19, 2016 (edited) I didn't even know this was happening! Wow! (What a crazy sum as well! ) Actually, supposedly there's punitive damages to be paid on top of that as well! Good on the Hulk though, what Gawker did was inexcusable. Paparazzi tactics should never be considered acceptable! $100 million is certainly not chump change and will definitely do some serious damage to Gawker as a whole (the company was worth $300 million in total back in 2009 and they made $6.7m profit out of $45m net revenue in 2014 - so this will decimate the group for sure). The big question here now is... which parts of Gawker will survive... I reckon that Kotaku will probably be sold to someone else, rather than get shut down though. Edited March 19, 2016 by Dcubed Share this post Link to post Share on other sites
Posted March 19, 2016 I really can't fucking stand Kotaku and Hulk Hogan was a childhood hero, so there's only one winner here. WATCHA GONNA DO, KOTAKU? Share this post Link to post Share on other sites
Posted March 19, 2016 Hogan isn't the greatest guy, but I'm glad this played out the way it did. Fuck Gawker. Share this post Link to post Share on other sites
Posted March 27, 2016 When I saw this I was over the moon. Gawker are deplorable and Kotaku publish utter piss and drivel. I can't wait until the Hulkster gets damages, hopefully they will be enough to sink that whole damn ship! Share this post Link to post Share on other sites
Posted June 10, 2016 I see Gawker have now filed for bankruptcy Share this post Link to post Share on other sites
Posted June 10, 2016 I didn't realise that Kotaku was so loathed. I've been reading it all this time. I'm so embarrassed. What should i be reading instead? Share this post Link to post Share on other sites
Posted June 10, 2016 As with any site it usually just depends on the author rather than the site itself. I still look at Kotaku from time to time because I follow Patrick Klepek's work from his time at Giant Bomb and I've seen nothing to hint that the site has changed the way he writes his articles. That's why it always makes me laugh when people claim that sites have a bias against certain companies. Usually showing some "evidence" that is years old from a writer who isn't even there anymore. Share this post Link to post Share on other sites
Posted June 11, 2016 I didn't realise that Kotaku was so loathed. I've been reading it all this time. I'm so embarrassed. What should i be reading instead? Came in here to ask the very same question! I find it fairly enjoyable to browse at work given there's always about 6 new stories on the page. More importantly though I feel like they're one of the few videogame sites that do actual journalism, at least in so far as I'm aware. The No Man's Sky delay and the PS4 4K both spring to mind as recent stories broken by the site. In those cases both were also news rather than just information given to the site by publishers, which seems to be the way that most videogame 'news' websites work. Open to the idea that it's not particularly well written, but I'm still interested in why it gets all the hate Share this post Link to post Share on other sites
Posted June 11, 2016 I didn't realise that Kotaku was so loathed. I've been reading it all this time. I'm so embarrassed. What should i be reading instead? Well this is awkward... Share this post Link to post Share on other sites
Posted June 12, 2016 Well this is awkward... Oh crap, do you write for Kotaku?! I had no idea, I'm sorry! Share this post Link to post Share on other sites
Posted June 12, 2016 Honestly i have/had no idea why Kotaku is hated, i just loved the schadenfreude of this story, plus Gawker as a whole is a scummy media outlet, but i did some research These two links give some good examples and explanation, and i can kind of see why they are disliked more now, still think the main reason is Gawker though wait is there an entire subreddit? https://www.reddit.com/r/KotakuInAction Share this post Link to post Share on other sites
Posted August 11, 2016 Kotaku is to be auctioned off next week. Gawker Media is undergoing some changes. The publisher of this site, and many of your other favorite (Kotaku) and least favorite (Deadspin) blogs, will be sold at auction next week. Share this post Link to post Share on other sites
Posted August 11, 2016 Kotaku is to be auctioned off next week. Share this post Link to post Share on other sites
Posted August 11, 2016 We should buy Kotaku, think we could club together enough? does Ashley have millions stashed away? Share this post Link to post Share on other sites
Posted August 11, 2016 I've got 47p and a couple of polos? Share this post Link to post Share on other sites
Posted August 11, 2016 It all counts. Anyone got a briefcase we can put it all in? Share this post Link to post Share on other sites
Posted August 11, 2016 A briefcase? Hm, I've got a paper bag? Share this post Link to post Share on other sites
Posted August 17, 2016 Looks like Univision bought all of Gawker for 135 million. http://www.recode.net/2016/8/16/12504008/univision-is-buying-gawker-media-for-135-million Share this post Link to post Share on other sites
Posted August 17, 2016 Oh man. 135 millions? We were pipped. Share this post Link to post Share on other sites
Posted August 17, 2016 Knew I should have got another packet of polos. What are Univision all about? Can we expect it to have much of an impact? Share this post Link to post Share on other sites
Posted January 24, 2017 For those wanting interested, seems Netflix picked up a documentary about the story during Sundance. No word yet on release: http://www.theverge.com/2017/1/23/14366438/netflix-documentary-hulk-hogan-gawker-sundance-peter-thiel Share this post Link to post Share on other sites
