Gawker bought

IN Media Watch Briefs | 17/08/2016

Gawker Media, which went bankrupt after it lost a privacy suit filed by ex-pro wrester Hulk Hogan, has been bought over by media company Univision at a reported price of $135m, according to The Guardian. Earlier this year, a US court ordered Gawker to pay $140m in damages to Hogan for having published sex tapes featuring him and a friend’s wife. Last May PayPal founder and Silicon Valley billionaire Peter Thiel dropped a bombshell when he announced that he had bankrolled Hogan’s suit against Gawker. Many regarded it as Thiel’s way of getting back at the gossip website which had outed him as gay in 2007.