Hulk · Hogan's sex video issue issues GIZMODO and Lifehacker's gawker bankrupt



Wrestler'sHulk HoganIn a lawsuit appealed by Mr. Gossip's website "Gawker"Received a huge amount of compensation of 140 million dollars (about 15 billion yen), as a result, Gawker Media of the operation company applied for bankruptcy application.

Voluntary Petition for Non-Individuals Filing for Bankruptcy
(PDF file)https://cdn0.vox-cdn.com/uploads/chorus_asset/file/6629095/gawker-bankruptcy.0.pdf

Gawker files for bank interruptions and says it will sell the company to Ziff Davis or someone else - Recode
http://www.recode.net/2016/6/10/11903764/gawker-bankruptcy-chapter-11-sale-ziff-davis

Gawker declares bank interruptcy, will auction itself off in wake of Hulk Hogan lawsuit | Ars Technica
http://arstechnica.com/business/2016/06/gawker-to-declare-bankruptcy-auction-itself-off-in-wake-of-hulk-hogan-lawsuit/

The beginning of the thing was that Gawker posted Mr. Hogan's secretly taken sex movies. Mr. Hogan, who had been suffering from his dislikes with his wife about 10 years ago, was brought in from a friend he consulted to sleep with his own wife, but he took actions, but the situation at this time was hidden. The existence of this sex tape was discovered in 2012, and many of American gossip media posted "still picture" of Mr. Hogan's sex tape, but only Gawker posted "movies" how. Mr. Hogan who gets angry that his privacy was infringed had complained against Gawker Media, which runs Gawker, for tremendous compensation of $ 100 million (about 10.6 billion yen).


In this lawsuit in which the success or failure of the huge amount of claims for more than 10 billion yen was contested under the unique thought of America as a punitive damages compensation, Pay Teal, co-founder of PayPal who had been incompatible with Gawker, participated in the case. Mr. Teale is now rooted in being denounced "completely homosexual" on the site operated by Gawker Media, which was closed by Valleywag, which seems to have been occupying the opportunity of revenge, and Gawker Publicly admit that he backed up legal fees to Mr. Hogan who sued Media.

Mr. Haigan won the Gawker Media completely, despite Mr. Teir's support shooting. In March 2016, the jury of the Federal Court of Florida sold $ 25 million (about 2.7 billion yen) punitive damages for $ 115 million (about 12.2 billion yen) exceeding Hogan's claim amount as damages compensation, And ordered Gawker Media to pay Mr. Hogan a total of about 140 million dollars (about 15 billion yen). Mr. Nick Denton, owner of Gawker Media for Mr. Teer who is pleased that Mr. Hogan's financial support for litigation to Mr. Hogan is "the best in charity projects I've ever had," said " Teal can not let Gawker Media's editor get cheated, "she said.


Although it was Gawker Media which immediately appealed the first instance judgment, Jun 10, 2016 applied for the application of Article 11 of the federal bankruptcy law to the District Court of New York, effectively broke down the bankruptcy. According to the application documents, although Gawker Media has assets of $ 50 million to $ 100 million (about 5.3 billion yen to about 10.6 billion yen), the debt amount is from $ 100 million to about 500 million dollars (about 10.6 billion yen To about 53 billion yen), which includes damages that may be paid to Mr. Hogan. Incidentally, in addition to Hogan incident, Gawker Media also posted on GIZMODO operated by Gawker Media "A crazy story of a man who pretended to invent the mail"About 35 million dollars (about 3.7 billion yen) of damages claims have been filed with regard to the article" The lawyer of the other party in this case is the same as Mr. Hogan's case agent.

Although it is Gawker Media which is effectively bankrupt under the bankruptcy law, CEO Denton of Gawker Media is considering selling the brand business under Gawker Media under the management of the bankruptcy court,PC MagazineZiff Davis and others who manage the brand name are raising a brand name for seven brand acquisitions.

In addition, Media Gene which operates Gizmodo Japan and Life Hacker [Japan version] does not affect the operation of Gawker Media's bankruptcy, "Gizmodo Japan and Life Hacker [Japan version] has no influence, even after selling the business of Gawker Media The license will be handed over "is issued.

About the bankruptcy application of Gawker Media Company | Media Gene mediagene
http://www.mediagene.co.jp/2016/06/5483.html

Gawker Media Inc. (Head office: New York City, CEO: Nick Denton), a partner of MediaGene Inc. (Head Office: Shibuya Ward, Tokyo, President and CEO: Imada Element, Media Gene) We applied for the application of Article 11 of the federal bankruptcy law (equivalent to the civil rehabilitation law of Japan) on the day and reported that some negotiations are now under way with several companies to sell the business.

Regarding this matter, from Gawker Media Corporation, there is no effect on normal business, there is no influence on the operation of "Gizmodo Japan" and "Life hacker [Japan version]" where Media Gene has acquired licenses in Japan, We also confirm that even after Gawker Media's business divestiture, the license owned by Media Gene will be handed over as it is.

The Infoburn group, including Media Gene, will continue to provide content that will be loved by all readers.


Also, Gizmodo Japan says "Announcement from US Gizmodo, We are here forever" article, Life hacker [Japan version] "Article that Lifehacker will be with you forever" It is published.

Notice from US Gizmodo. We are always here forever: Gizmodo Japan
http://www.gizmodo.jp/2016/06/gizmodo-isnt-going-anywhere.html


Lifehacker will be with you forever | Life hacker [Japan version]
http://www.lifehacker.jp/2016/06/lifehackergawker_media11.html


· Continued
Acquisition of Gawker, a company that gets bankrupted by Hulk · Hogan's exposure article, decided to run, such as Gizmodo - GIGAZINE

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