Gawker Sells Share to Pay for Hulk Hogan Case

GULP

Updated Apr. 13, 2017 6:04PM EDT / Published Jan. 20, 2016 2:53PM EST

Gawker Media has reportedly sold a minority stake of its company to an investment company in order to keep financing its lawsuit brought against them by Hulk Hogan, as well as a need for funding future growth, according to founder Nick Denton. The company is Columbus Nova Technology Partners and its managing editor will have a seat at Gawker's board after the buy. Hogan's trial is set to begin in March and he is asking for $100 million in damages after Gawker posted a leaked surveillance tape of him having sex with the wife of his friend.

Read it at The New York Times

Tom Brady Loses It After Comedian Jeff Ross’ Roast Joke

Jeff Ross was talking about New England Patriots owner Robert Kraft when Tom Brady apparently had enough.

Juicy Audio Leaks of Trump Talking Possible VP Picks: Report

The former president appears to be standing by scandal-scarred South Dakota Gov. Kristi Noem—among his many other options.

Madonna Draws Whopping 1.6 Million for Free Beach Concert

It might qualify as the third most-attended concert in history.

Trump Compares Biden Admin to Nazi ‘Gestapo’

He whined that the legal repercussions of his suspected criminal behavior constituted unfair persecution.

Putin Cut Out a Deer’s Heart and Gave It to Berlusconi

“Vladimir showed me a violent nature that I didn’t imagine in such a kind and rational man,” Berlusconi allegedly told a close ally after the incident.

Trump Campaign Mulls Joining TikTok After Wanting to Ban It

Some advisers think it could help him reach young voters, but the move risks alienating other parts of Trump’s base.

Sony and Apollo Enter Talks to Buy Paramount: Report

The companies reportedly made a joint $26B offer to acquire Paramount, which had previously mulled a deal with Skydance that lapsed on Friday.

Robbery Gone Wrong in Mexico Leaves Two Brothers Dead

Three bodies—believed to be the brothers and their friend—were found in a well on a clifftop in Mexico.

Gawker Sells Share to Pay for Hulk Hogan Case