What Lies Ahead for Gawker Now that a Tech Billionaire Is Bankrolling Lawsuits Against It?

If you thought the Gawker saga would slow down as we creep closer to Memorial Day weekend, you thought wrong. Following a dizzying 24 hours that ended with Silicon Valley billionaire Peter Thiel admitting outright that he's been bankrolling multiple lawsuits against the media company, the discussion now turns to Gawker CEO Nick Denton and his ability to withstand all of these costly lawsuits. Though Gawker was dealt another loss on Wednesday when a Florida judge upheld the jury's decision to award Hulk Hogan some $140 million over Gawker's publishing of a sex tape in 2012, the company plans to appeal. Despite Gawker's insistence that it will get the verdict overturned—the judge in the case is the most overturned judge in Pinellas County over the past four years—the company is still incurring a hefty legal price tag for a process that could take months. And for Thiel, who is going after Gawker over some not-so-nice stories written about him, bleeding the company dry could be just as important as Hogan's right to privacy. "Gawker could be in a very perilous financial situation," Ryan Skinner, a senior analyst at Forrester, told Adweek. "They need to explore different ways of trying to secure the business going forward." And that's exactly what Gawker has been doing. A pair of reports from the New York Post and Wall Street Journal set off alarms when the outlets revealed that Denton has been quietly soliciting bids for a potential sale of the company, in the event... Continue reading at 'AdWeek'

[ AdWeek | 2016-05-27 00:00:00 UTC ]
News tagged with: #people don #putting money #digital properties

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At Axel Springer, Allegations of Sex, Lies and a Secret Payment

A high-flying German media giant is ahead on digital media but seems stuck in the past when it comes to the workplace and deal-making. Continue reading at The New York Times

[ The New York Times | 2021-10-18 18:15:07 UTC ]
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Rights Roundup: Frankfurter Buchmesse Straight Ahead

Swedish readers are finding themselves in a widening conversation around gender relations based in a debut, 'Letters to Men.' The post Rights Roundup: Frankfurter Buchmesse Straight Ahead appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-10-15 11:30:14 UTC ]
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AirPods Pro drop to $179, plus the rest of the week's best tech deals

October kicked off with a bunch of good tech deals across the web. All of Apple's wireless earbuds remain on sale at Amazon, so you can pick up the AirPods Pro for $179 or even the standard AirPods with the wireless charging case for $129. The new Beats Studio Buds are $25 off while a couple of... Continue reading at Engadget

[ Engadget | 2021-10-08 15:30:39 UTC ]
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Grohl strolls to Foyles ahead of memoir release

Dave Grohl has visited London to promote his memoir, The Storyteller, (Simon & Schuster) ahead of its publication on 5th October. Continue reading at The Bookseller

[ The Bookseller | 2021-10-01 02:55:46 UTC ]
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Apple's MacBook Air M1 is $150 off, plus the rest of the week's best tech deals

This week brought iPhone reviews, new Surface devices and a bunch of tech deals across the web. Apple's MacBook Air M1 returns to the best price we've seen it while the iPad Air remains discounted by $100. Some of our favorite Sennheiser wireless earbuds are $100 off, too, and you can still grab... Continue reading at Engadget

[ Engadget | 2021-09-24 15:45:20 UTC ]
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The Morning After: China’s tech crackdown reaches TikTok

ByteDance has announced that Douyin, the version of TikTok for China, will introduce new limits for minors under 14. These minors will now be limited to just 40 minutes of use per day and can’t access the app at all between 10 PM and 6 AM.ByteDance is also urging parents to add in more... Continue reading at Engadget

[ Engadget | 2021-09-21 11:15:22 UTC ]
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Monoray lands Vasquez-Lavado's memoir ahead of Selena Gomez movie

Monoray has secured a deal for In the Shadow of the Mountain, the “heart-breaking and empowering” memoir from climber Silvia Vasquez-Lavado, which will soon be adapted into a film starring Selena Gomez.  Continue reading at The Bookseller

[ The Bookseller | 2021-09-17 20:43:04 UTC ]
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Capstone Acquires Ed-Tech Tool Buncee

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[ Publishers Weekly | 2021-09-14 04:00:00 UTC ]
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Apple's AirPods Pro fall to $180, plus the rest of the week's best tech deals

The internet was awash with tech deals this week, with some of the best coming from Apple and Amazon. Apple's AirPods Pro dropped to $180 while the MacBook Pro M1 received at $200 discount. Amazon kicked off its "off to college" sale by reducing the prices of its Echo speakers, including the... Continue reading at Engadget

[ Engadget | 2021-08-20 15:50:10 UTC ]
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Elizabeth Barrett Browning was ahead of her time. ‘Two-Way Mirror’ does justice to her riveting life.

Fiona Sampson’s biography reads like a thriller, a memoir and a provocative piece of literary fiction. Continue reading at The Washington Post

[ The Washington Post | 2021-08-17 12:00:00 UTC ]
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Bloody Scotland festival to go ahead as hybrid event

Bloody Scotland International Crime Festival is to go ahead as a live event in September and it will also run a streaming service, thanks to funding from Creative Scotland. Continue reading at The Bookseller

[ The Bookseller | 2021-08-11 05:27:42 UTC ]
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US marketing tech company acquires Bloodhound Books

US-based marketing tech company Open Road Media (OR/M) has acquired UK e-book specialist indie Bloodhound Books for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2021-07-27 20:12:24 UTC ]
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Scholastic Sees Growth Ahead in Fiscal 2022

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[ Publishers Weekly | 2021-07-23 04:00:00 UTC ]
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Forging Ahead on the Digital Path at C&C Offset

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[ Publishers Weekly | 2021-07-23 04:00:00 UTC ]
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Gunnar Lie & Associates acquired by Compass Independent Book Sales

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[ The Bookseller | 2021-07-15 07:22:32 UTC ]
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Bonsignore takes CUP and Cambridge Assessment equality role ahead of merger

Serita Bonsignore has been appointed to a newly created director role working across Cambridge University Press (CUP) and Cambridge Assessment.  Continue reading at The Bookseller

[ The Bookseller | 2021-06-29 07:34:44 UTC ]
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Orenda lands Tuomainen’s thriller trilogy ahead of Carell's Amazon series

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[ The Bookseller | 2021-06-26 18:56:19 UTC ]
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Galbraith series hits audiobook milestone ahead of paperback launch

J K Rowling's Cormoran Strike series, written under the name Robert Galbraith, have hit an audiobook milestone for Little, Brown ahead of the fifth novel's paperback release. Continue reading at The Bookseller

[ The Bookseller | 2021-06-21 11:49:14 UTC ]
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Cookieless tech test gives Procter & Gamble hope—and TV networks worries

Chief Brand Officer Marc Pritchard announces cross-platform tech test, discusses minority media data sharing and concerns about Google, Facebook and Nielsen in wide-ranging ANA speech and interview. Continue reading at Advertising Age

[ Advertising Age | 2021-06-17 15:00:06 UTC ]
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HC's Murray Sees Higher Sales, More Consolidation Ahead

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[ Publishers Weekly | 2021-06-15 04:00:00 UTC ]
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