Post: #51

Post: #52

Let's all recognize American greatness. Only in America can you bang this



and get paid 115+ million to do so.

Post: #53

http://www.hollywoodreporter.com/thr-esq...ict-876768

Quote:In reaching its verdict, the jury tipped that scale towards privacy. Hogan sobbed, and after the outcome became clear, appeared relieved more than happy. A stunned-looking Nick Denton watched from the gallery and took a deep breath. Gawker has already indicated it will appeal. The focus of the coming proceedings will likely be whether the First Amendment should have precluded claims and whether Gawker got a fair trial.

Of course they're going to appeal. But for the moment:

God save us from people who mean well. -storm

Post: #54

Post: #55

Gawker just got



2016 has been brutal for the SJW, their politics is collapsing all around them and now their propaganda news outlets are going down too.

Post: #56

They are going to appeal , but Gawker must post a 50 million dollar bond to do so. So much for hiding assets in the face of a large verdict. Hogan's lawyer chose his venue well.....

Post: #57

(03-18-2016 06:22 PM)Aristotle Wrote:  The best part is they aren't even finished.

50 million is for emotional damages.
65 million is for economic damages.

They reconvene Monday to decide on punitive damages.

So they're looking at likely a 150+ million loss.

Anyone know Gawkers worth?

http://www.capitalnewyork.com/article/me...venue-2014

You can extrapolate to between $115 and $250 million in valuation. Thats valuation on an intangible asset not cash in the bank.

They made 22 million before taxes in 2014, so lets say 14 million net. It would take them 10 years to cash flow Hulk's settlement...so far.

1.2.3. They are out.

Exit strategy is probably bankruptcy and purchase by someone else.

Post: #58

Sounds reasonable. For an established e-commerce/internet/similar business I'd think a 10x EBIT multiple would be in the ballpark.

Post: #59

Taking bets on Hogans ex-wife trying to get a share of that cheque once it goes through.

Post: #60

I predict he takes the business and renames it Hulker.

Meh - not as funny as I thought it was.

Post: #61

(03-18-2016 08:04 PM)Foolsgo1d Wrote:  Taking bets on Hogans ex-wife trying to get a share of that cheque once it goes through.

Here's a relevant clip to fully understand how much of a vampire stupid cunt is ex wife was





Edit: Glad Hogan won since he got rinsed in his Divorce settlement. Retire well with this $$$ Hulkster!!

Post: #62

CAN YOU SMEEEEELLLLLLLLLLLLLLLLLLL WHAT THE HULK IS COOKING BROTHER?!

Post: #63

(03-18-2016 08:07 PM)samsamsam Wrote:  I predict he takes the business and renames it Hulker.

Meh - not as funny as I thought it was.

It is when the Trump family buys out Hulk's state and calls it the TRUMPER.

God save us from people who mean well. -storm

Post: #64

Told ya'll don't fuck a round here but if you want to be productive you can have good life.

Pinellas maybe the most red pill county in the USA!

Post: #65

(03-18-2016 08:03 PM)Easy_C Wrote:  Sounds reasonable. For an established e-commerce/internet/similar business I'd think a 10x EBIT multiple would be in the ballpark.

Zero Hedge put up actual numbers http://www.zerohedge.com/news/2016-03-18...pe-lawsuit

about 6 million EBIT per year...yeah they are fucked. Just their legal fees were 6 million.

Post: #66

(03-18-2016 07:00 PM)Paracelsus Wrote:  http://www.hollywoodreporter.com/thr-esq...ict-876768

Quote:In reaching its verdict, the jury tipped that scale towards privacy. Hogan sobbed, and after the outcome became clear, appeared relieved more than happy. A stunned-looking Nick Denton watched from the gallery and took a deep breath. Gawker has already indicated it will appeal. The focus of the coming proceedings will likely be whether the First Amendment should have precluded claims and whether Gawker got a fair trial.

Of course they're going to appeal. But for the moment:

Are you ready for the good part? He also sued Denton and his editor personally.

Post: #67

Surprisingly most of the comments on Reddit are supportive. Have not seen one yet that is unhappy about the lawsuit, but I have not read the nearly 4,000 comments. Would have thought some of these redditors would be sad.

https://www.reddit.com/r/news/comments/4...e_lawsuit/

Quote:Failed snarkcasm is what Gawker does did best...or worst? Now their inability to control their own smugfuckery in court lost them the case.

I didn't see this anywhere but it was commented on reddit.

Quote:The former editor, Albert J. Daulerio, a defendant in an invasion-of-privacy lawsuit brought by the retired wrestler Hulk Hogan, was asked by the plaintiff’s lawyer where he drew the line when it came to posting videos of people having sex.

“Can you imagine a situation where a celebrity sex tape would not be newsworthy?” asked the lawyer, Douglas E. Mirell.

“If they were a child,” Mr. Daulerio replied.

“Under what age?” the lawyer pressed.

“Four.”

Gawker said later in a statement that Mr. Daulerio was being flippant.

$100M plus lawsuit and still being an asshole? So fucking glad Gawker is getting nuked.

Post: #68

(03-18-2016 11:21 PM)samsamsam Wrote:  $100M plus lawsuit and still being an asshole? So fucking glad Gawker is getting nuked.

Snark doesn't carry on court transcripts. The minute I saw that "4 year-old" quote and how it was reported on in the local print media like the Tampa Bay Times, I knew they lost.

Remember - we dumb Florida derpfaces don't 'get' their humor. Wrong. We do. Its just disgusting.

Post: #69

(03-18-2016 06:55 PM)Canopus Wrote:  

I can't get enough of this gif!

In all seriousness, I can't wait for someone competent to buy Jalopnik. That used to be such a great site before Gawker took a shit on it.

Let Hogan and Trump become the great symbols of the West's rise from degeneracy.

Post: #70

Post: #71

(03-18-2016 07:00 PM)Paracelsus Wrote:  http://www.hollywoodreporter.com/thr-esq...ict-876768

Quote:In reaching its verdict, the jury tipped that scale towards privacy. Hogan sobbed, and after the outcome became clear, appeared relieved more than happy. A stunned-looking Nick Denton watched from the gallery and took a deep breath. Gawker has already indicated it will appeal. The focus of the coming proceedings will likely be whether the First Amendment should have precluded claims and whether Gawker got a fair trial.

Of course they're going to appeal. But for the moment:

This is probably the first time they have to face the consequences of their actions, is a new experience for him.

Post: #72

Florida GOP voted overwhelmingly for Trump.

Florida killed Gawker.

Florida has no state income tax.

Florida has girls in bikinis, beaches, latinas, and sunny weather.

I think it's time to move to Florida.

Post: #73

(03-19-2016 12:43 AM)The Black Knight Wrote:  Florida GOP voted overwhelmingly for Trump.

Florida killed Gawker.

Florida has no state income tax.

Florida has girls in bikinis, beaches, latinas, and sunny weather.

I think it's time to move to Florida.

Florida elected Rubio. Stay where you are.

God save us from people who mean well. -storm

Post: #74

The implosion of Gawker leaves an opening (maybe) for a new type of media: smaller and niche-driven. Is our time now?

http://observer.com/2016/03/goodbye-and-...y-exposed/

Post: #75

Check out those page after page of twitter replies...

https://twitter.com/Gawker/status/710960061842071552