Gawker, Parent Company of Jalopnik, Files for Bankruptcy

Reuters is reporting that Gawker Media, parent company of automotive website Jalopnik, just filed for Chapter 11 bankruptcy. A judge recently ordered the company to pay $14o million in damages after it aired a 2007 sex tape featuring former wrestler Hulk Hogan, who then sued Gawker for invasion of privacy. The company had requested a stay, […]
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