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Gawker files for bankruptcy
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Repo Offline
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Post: #76
RE: Gawker files for bankruptcy
Dont get too excited. They may just take it down to rebrand, since the name is tainted.
08-19-2016 07:48 AM
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CynicalContrarian Offline
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Post: #77
RE: Gawker files for bankruptcy
Taken from another board :

Former Gawker Editor: No Enemy Was ‘More Effective’ Than GamerGate

http://www.breitbart.com/tech/2016/08/19...gamergate/

Quote:
As Gawker was imploding in the summer of 2015, a group of teenage *video-game enthusiasts was throwing gasoline on the already-raging fire. These were the Gamergaters. Of all the enemies Gawker had made over the years — in New York media, in Silicon Valley, in Hollywood — none were more effective than the Gamergaters.

Max Read, former editor-in-chief of Gawker

Quote:
And so Gawker went into full-on crisis mode. Our chief revenue officer flew to Chicago to meet shaky clients; someone I hadn’t spoken with since high school Facebook-messaged me to let me know that her employer, L.L.Bean, a Gawker advertiser, was considering pulling its ads. Nick asked me to draft a non-apology apology — a clarification, basically, that we did not, institutionally, support bullying. Sam was compelled to tweet an apology. Joel, then the executive editor, published on Gawker, over the objections of the editors, another clarification. I then published, without Joel’s knowledge, an apology for the apology. Perhaps tellingly, it was the first time I’d ever really been confronted with the business side of Gawker besides small talk at parties.

Then it all went away. Gawker had taken a hit — thousands of dollars of advertising gone, at least. But in the weeks we’d been hemorrhaging advertisers and goodwill, stories in the New York Times and other outlets — the real media—and a segment on The Colbert Report made it clear that the Gamergaters were the bad guys in this case, not us. The sites went back to normal.

But of course it didn’t go away. Gamergate proved the power of well-organized reactionaries to threaten Gawker’s well-being. And when Gawker really went too far — far enough that even our regular defenders in the media wouldn’t step up to speak for us — Gamergate was there, in the background, turning every crisis up a notch or two and making continued existence impossible.

Max Read, former editor-in-chief of Gawker

Max Reads original article
Did I Kill Gawker?

Or was it Nick Denton? Hulk Hogan? Peter Thiel? Or the internet?
http://nymag.com/selectall/2016/08/did-i...awker.html
08-20-2016 12:04 AM
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Post: #78
RE: Gawker files for bankruptcy
It was their own idealogy and hubris that killed them.
I think it started with that "Gamers are horrible people" article.

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08-20-2016 01:35 AM
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Post: #79
RE: Gawker files for bankruptcy
Also running a business that relies entirely on advertising is always going to be fragile. I have some experience in the space, and it's not pretty. Roosh is in a good position to be partnered with Revcontent on ROK, as they're the most based advertiser in the game. Basically the only widget that stands for free speech.
08-20-2016 01:51 AM
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TravelerKai Offline
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Post: #80
RE: Gawker files for bankruptcy
Univision is already trying to sell Gawker Media Group AGAIN!

The Root (aka Black Stormfront) is begging Beyonce and Jay Z to buy them.

Laugh4

Quote:https://variety.com/2018/digital/news/un...202869863/

Univision Communications is officially looking to unload the Gizmodo Media Group — which mostly comprises the sites it acquired in the bankruptcy auction of Gawker Media — and its stake in comedy and entertainment publisher The Onion.

The Hispanic media company said Tuesday that it has initiated a formal process to explore the sale of the Gizmodo Media Group (GMG) and The Onion, in which Univision owns a controlling stake.

“The company determined that pursuing a sale of GMG and The Onion collectively will allow UCI to focus on its core assets and further strengthen UCI’s position as the No. 1 media company serving U.S. Hispanics, while enabling both GMG and The Onion even greater opportunities to grow under new ownership,” Univision said in a statement.

The GMG digital portfolio includes Gizmodo, Jezebel, Deadspin, Lifehacker, Splinter, The Root, Kotaku, Earther and Jalopnik and The Onion portfolio includes, The Onion, Clickhole, The A.V. Club and The Takeout.

In August of 2016, Univision paid $135 million for the Gawker assets in a bankruptcy auction,which didn’t include the currently dormant Gawker.com. Univision acquired a 40% stake in The Onion in January 2017.

Last week, the Wall Street Journal had reported that Univision was seeking a buyer for Fusion Media Group, which includes GMG and The Onion.

The proposed sale of Gizmodo Media Group and The Onion stake comes after Univision pulled its plans for an initial public offering this past March. CEO Randy Falco announced he would be retiring a day later. Univision is now led by broadcast-TV veteran Vince Sadusky, who took the helm June 1.

Gizmodo Media Group CEO Raju Narisetti left the company this spring, after the ex-News Corp exec had spent about a year and a half with Univision. Also leaving the company were Fusion Media Group CEO Felipe Holguin and president and chief content officer Daniel Eilemberg.

In its announcement Tuesday, Univision said it has engaged Morgan Stanley as financial adviser to assist in the sales process of GMG and The Onion.

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07-18-2018 12:46 PM
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C-Note Offline
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Post: #81
RE: Gawker files for bankruptcy
I've read the book Conspiracy which describes how Peter Thiel took down Gawker. The book is ok, but it's padded with a bunch of diatribe by the author to make it long enough to be a book. In the book, he suggests that Thiel's support for GamerGate helped get Trump elected.
07-18-2018 03:14 PM
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getdownonit Offline
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Post: #82
RE: Gawker files for bankruptcy
$135 million for that steaming pos?

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07-18-2018 03:38 PM
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TravelerKai Offline
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Post: #83
RE: Gawker files for bankruptcy
I would be surprised if they could get 135 million and break even. They likely would not be selling it if it was not a losing asset.

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07-18-2018 03:46 PM
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Dr Mantis Toboggan Offline
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Post: #84
RE: Gawker files for bankruptcy
Would be awesome if Thiel bought it, fired the entire staff, and turned it into a conservative site. (Or, for the specialty sites like Deadspin, Gizmodo, etc., simply got back to focusing on their specialty without shoving political crap of any stripe down peoples' throats)

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07-18-2018 04:02 PM
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CynicalContrarian Offline
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Post: #85
RE: Gawker files for bankruptcy
As others have pointed out.
Media is a dying industry, then in addition, the damn fools worsen their own fates by parroting the same PC shite as 50 other sites...
07-19-2018 08:10 PM
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