Gawker might be shutting down cc: @Nefertities.

ST. PETERSBURG, Florida (CNNMoney) — Lawyers for Gawker Media pleaded for mercy before a Florida jury that met Monday to consider adding punitive damages to the $115 million they already ordered be given to ex-wrestler Hulk Hogan.
When the six jurors returned to a St. Petersburg courtroom on Monday afternoon for the punitive damages phase of Hogan’s invasion of privacy trial, they were asked to consider the net worth of Gawker, its founder Nick Denton and former editor A.J. Daulerio.
For the company, that’s $83 million, and for Denton, the figure is $121 million, Judge Pamela Campbell told the jurors. Daulerio was determined to have no assets, but did owe $27,000 in student loans.
The jury of four women and two men determined on Friday that Gawker Media should pay Hogan, whose real name is Terry Bollea, $115 million for violating his privacy by publishing excerpts from his sex tape in 2012.
Hogan sued Gawker Media, Denton and Daulerio. Attorneys for the former professional wrestler argued that he suffered as a result of Gawker’s post.
The jury agreed, awarding Hogan $60 million for emotional distress and $55 million for economic injury. Now they will decide whether to tack on an additional amount in punitive damages.
Hogan attorney Kenneth Turkel urged the jurors to “make a statement” with punitive damages, and to use the $115 million they awarded as a “guideline.”
“You send the message,” Turkel said.
“Literally everything was done with a complete and reckless disregard and intent to harm this man,” he added, referring to Hogan.
Gawker attorney Michael Berry’s closing argument amounted to a mercy defense, saying “an additional punishment is unnecessary.”
He said the verdict returned last week will be “financially devastating” to Denton, and could bring “financial ruin” to Daulerio. The $115 million awarded to Hogan “exceeds the value of the entire company by $30 million,” Berry said.
And he told the jurors that their decision will have far reaching implications on the entire news media industry.
“Your verdict will send a chill down the spine of writers, producers and publishers throughout the country,” Berry said.
When the arguments were finished, jurors were allowed to submit questions, as they have throughout the trial.
The lone query, likely prompted by Daulerio’s financial standing, came from a female juror who wondered if community service could be imposed in lieu of punitive damages. The answer was no.

TL;DR Gawker will have to pay $115 million and its founders will pay $25 million because of a sex tape of hulk hogan they refused to take down when asked to do so by the court. I have never been so happy to see people get screwed so hard. I also hope its ‘journalists’ have a hard time getting jobs after this.

Gawker are already appealing the ruling.

They don’t even have money for an appeal. :D:D:D:D:D

lol yeah i saw.

the appeal has high chances of failing 'cause apparently theres a clause in the laws covering cases ruled in florida that means they may be denied appeal and even then, they have to shell out the $115M to be held in trust while the appeal is considered.

:smiley: the comment section on every article posted has been cray since the ruling was passed.

Not gonna lie, i feel sad knowing that all the sister sites will go down with gawker. I wish there was a way to save them but I doubt hogan is gonna keep the whole thing running … he’s practically the owner now, yeah?

The management screwed themselves on this one. Many gamers are happy kotaku is going down though.

reddit is having a the biggest wankfest i seen since gamergate!

imgur too.

imgur is irrelevant in this instance.

lets hope someone sees the potential in the affiliate sites and buys them off even if they’ll get separated. Apart from bobby finger and kara brown (sometimes only), i dont really have any preferences as far as writers so it wont help to follow the individual writers on twitter or their next jobs which will most likely be writing jobs. The content on gawker and its sister sites is generated by people but it seems to remain more or less the same despite staff changes, so i hope they find a way to keep that running.

I used to read valleywag but after it shut down I didn’t miss it as much as I thought I would. May be that’s what will happen with Gawker and all its other sites. TMZ and Perez hilton will cater to the gossip fans. Jezebel readers will go to tumblr and the gamers will go to KotakuinAction or Antigamergate on reddit.

its having the convenience of it all under one roof i guess.

Also, i will die a thousand deaths before i go back to perez, tmz or tumblr! I’ll try and find some solace in the portions of reddit which are not completely fvcked up!

hehehe…
rowing your boat on others waves should stop.
wangeika xnxx

Is kenyatalk an affiliate site of Gwaker or is it guka? asking for a friend.

WAPI HII SEXTAPE YA HULK ?

Ipate telegram uncle

Hiyo sex tape iko chini sana but it seems the old sleazeball will reap a lot from it. His slutty ex-wife must be shining her eyes waiting for her cut from that fat pay check.

Lifehacker.com should be saved… @oldmonk lets buy it

Foxtrotalpha:(