Gawker files for bankruptcy

Gawker Media filed for bankruptcy today, according to documents filed in a Southern District of New York court. The filing comes as Gawker’s legal battle with the wrestler Hulk Hogan (real name Terry Bollea) drags on. Hogan sued Gawker after the site published a clip of his sex tape and a blog post analyzing it. According to the filing, Gawker’s assets are valued between $50 and… Read More...