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Questions about Gawker Media

Short answers, pulled from the story.

When did Nick Denton launch Gawker Media from his personal residence?

Nick Denton launched Blogwire in October 2003 from his personal residence in the SoHo neighborhood of New York City. The company operated out of that small space until moving to a new base in Nolita, Manhattan, in 2008.

What was the total revenue for Gawker Media by 2014 before its legal troubles escalated?

By 2014, annual revenue climbed to forty-five million dollars with operating income reaching 6.5 million dollars. Business Insider valued the entire company at 250 million dollars based on that 2014 performance.

How much money did Peter Thiel pay to finance lawsuits against Gawker Media regarding Hulk Hogan?

Peter Thiel confirmed paying ten million dollars in legal expenses to finance lawsuits brought by others including Terry Gene Bollea. Thiel cited anger over a 2007 article that outed him as gay as his motivation for funding the case.

Who purchased all of Gawker Media brands except Gawker.com itself and when did the transaction occur?

Univision Communications paid 135 million dollars at auction on the 16th of August 2016 to acquire all of Gawker Media brands except Gawker.com itself. This transaction ended fourteen years of operation as an independent company with plans to integrate remaining sites into Univision.

When did Nick Denton post the final article for the original Gawker brand?

Denton posted Gawker's final article at 22:33 GMT on the 22nd of August 2016 marking the end of an era for the original brand. The original Gawker.com archive remained online but was eventually sold to Bustle Digital Group after being shut down in 2016.