Gawker.com to Shut Down Next Week

[WestVirginiaRebel]

Hollywood Reporter:

The end of Gawker.com is near.

 

The 14-year-old website will shut down next week, according to a post on Gawker.com.

 

Univision on Tuesday agreed to buy the six other sites, including Jezebel, Deadspin and Gizmodo, that make up Gawker Media for $135 million, but the broadcaster did not plan to operate the flagship site.Gawker Media founder Nick Denton told staff about the shuttering of the website on Thursday, per Gawker.com. The future of Gawker and its archives is still being finalized, but the site is likely to remain online.

 

The closure of the website doesn't necessarily mean that those employees will be laid off. Gawker.com reports that staffers will be assigned to one of the six other blogs or other roles within Univision.

 

The news hit just a few hours before a bankruptcy hearing in which the judge approved Univision's purchase of Gawker Media. During the Thursday afternoon hearing, which was attended by Hogan's lawyer Charles Harder and Gawker president Heather Dietrick, it was revealed that publishing platform Kinja would be liquidated.

 

Following official approval of the sale, Univision released its first public statement about the deal, revealing that it plans to integrate the Gawker Media assets into its Fusion Media Group, which also includes The Onion and The Root. Univision further confirmed that its deal includes six Gawker sites — Gizmodo, Jalopnik, Jezebel, Deadspin, Lifehacker and Kotaku — but that Univision would not operate Gawker.com.

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Whatcha gonna do, when Peter Thiel runs wild on you?