Gawker all set to shut down

Tabloid website KO’d by humiliated Hulk Hogan after sex tape

NEW YORK — Gawker. com, the brash New York website that broke new ground with its gossipy, no-holds-barred coverage of media, culture and politics, is shutting down after nearly 14 years, brought low by an unhappy, but deep-pocketed, subject.

The news — appropriately enough, broken by Gawker itself — follows the sale of the site’s parent company to Univision. Founder Nick Denton told staffers Thursday afternoon that Gawker.com will come to an end next week. Twitter immediately went berserk in an unholy melange of shock, sadness and schadenfreude.

The site’s proximate cause of death was a major invasion-of-privacy lawsuit brought by the former pro wrestler Hulk Hogan. Gawker had published a video of Hogan having sex with a friend’s wife; a Florida jury awarded Hogan $140 million in damages. Gawker Media went into bankruptcy protection after the verdict, and on Tuesday agreed to sell itself to Univision, the Spanish-language broadcaster, for $135 million.

But Gawker’s real enemy wasn’t Hogan so much as aggrieved Silicon Valley billionaire Peter Thiel, a PayPal founder and early investor in Facebook who a Gawker site had outed as gay in 2007.

Thiel bankrolled Hogan’s lawsuit as what he called “specific deterrence” against the site’s penchant for “bullying people even when there was no connection with the public inter- est.” A spokesman for Thiel didn’t reply to a request for comment.

Thiel’s vendetta against Gawker raised concerns about the influence wealthy individuals could wield by covertly working to undermine media companies they didn’t like. And it likely played a role in Univision’s decision to exclude Gawker.com from the sites it will pick up in the acquisition. Univision said it had no comment on the matter.

Federal bankruptcy judge Stuart Bernstein said on Thursday he’ll ap- prove the sale, under which 95 percent of Gawker Media employees will get job offers at Univision.

But Denton, an outspoken former Financial Times journalist, said in a staff memo that he won’t be one of them. While he suggested that Gawker. com might one day “have a second act,” he wrote that he’s getting out of the news and gossip business. He also declared personal bankruptcy as a result of the Hogan case.

“The real shame is that Gawker gave Hogan a sledgehammer with which (to) pulverize it in state court,” New York University journalism professor Adam Penenberg tweeted . “If you want to ascribe blame, blame Denton.”

Gawker.com’s last post will be Monday, Denton said, but its archives will remain online. And other Gawker Media blogs will live on.

The company currently publishes six sites in addition to Gawker.com, including the feminist-focused Jezebel, the tech site Gizmodo and the sports site Deadspin. Univision wants those properties to help build a more youthful audience than that commanded by broadcast TV.

But among its brethren, Gawker.com always tended to command the spotlight . In its long and storied tenure, it raked muck and punched up, down and sideways.

It waded into stories no one else would touch and broke big news. But it also burned out its writers quickly and could run roughshod over the line that separates jaded from mean-spirited, often at top speed.

The site’s snarky and frequently vulgar style was influential throughout publishing. Gawker was a breeding ground for talented journalists, some of whom went on to jobs at the sort of establishment media outposts Gawker itself frequently mocked.

Early on, the site was a breezy, insider-y chronicler of the media that made it a must-read for many in the industry.

In later years it branched out into salacious stories of all kinds, and still enjoyed needling establishment figures in media and technology. But it also started producing stories that had impact well beyond alleviating the boredom of office workers.