Univision won the auction for Gawker Media with a $135m bid, reports Peter Kafka.
... the auction is a disappointing conclusion for Gawker Media owner Nick Denton, who founded the company in 2002. Last year, as rival media companies like Vice, BuzzFeed and Vox Media (which owns this site) were raising money at increasingly high valuations, Denton was arguing that his company was worth $250 million or more.
The price was depressed by the circumstances of the sale: a $140m award against it after publishing a Hulk Hogan sex tape and losing the subsequent lawsuit, which was secretly funded by vengeful billionaire Peter Thiel. Though experts generally expect Gawker to prevail on appeal, it was forced into bankruptcy by the penalty and the only other bidder was Ziff Davis, at $90m.
This weds Gawker to The Onion and Fusion in the Univision website stable; The Onion is very much its own thing, but Fusion's web presence is quite similar to Gawker itself and one wonders will it blend?
We’re through the looking glass and down the rabbit hole in this week’s tabloids that give Alice in Wonderland a run for her money in their wild imaginings.
New data visualization project to reveal bias in media coverage on transgender topics could use your support.
Mediawatch was a column that ran in Britain’s Gay Times for almost 25 years, with author Terry Sanderson cataloging coverage of LGBT issues by the mainstream press. The archives are being posted online in a blog format, and Buzzfeed published an interview and retrospective with Sanderson himself. Poofters. Benders. Shirtlifters. Bumboys. Lezzies. This was how […]
With the rising temperatures on tap this summer, the climate is going to be a frequent topic of conversation, and those conversations won’t be happy ones. Luckily, there’s a way to do a little climate change of your own – in a safe and sustainable way. When it comes to personal air conditioners, EvaPolar is […]
Whether you’re using them for next-level selfies or steady tracking shots, gimbals are a must for anyone who wants to maximize the potential of these powerful smartphone cameras we’re all carrying around. But those smartphones are also supposed to be portable, and let’s face it: Gimbals tend to offset that advantage. Weighing in at just […]
It’s too hot for yard sales, but hey: The internet is here for you. Here are the top ten deals on some of the Boing Boing Store’s best gear, just in time for summer. It’s everything from grills to security cameras to MacBook Pros, and they might be as low as they’re ever going to […]