Gawker.com Officially Announces It Will Shut Down Next Week

Wrestlezone reports that Gawker has officially announced that it will shut down next week. This comes after an auction took place Tuesday to sell Gawker Media, with Univision Communications winning the bid. They paid a reported $135 million for Gawker’s seven websites, including Gawker.com.

Here’s the statement: “After nearly fourteen years of operation, Gawker.com will be shutting down next week. The decision to close Gawker comes days after Univision successfully bid $135 million for Gawker Media’s six other websites, and four months after the Silicon Valley billionaire Peter Thiel revealed his clandestine legal campaign against the company.

Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets. The near-term plans for Gawker.com’s coverage, as well as the site’s archives, have not yet been finalized.”

Hulk Hogan commented:

Like I said"I Slammed another Giant today Brother". HH

— Hulk Hogan (@HulkHogan) August 16, 2016