

is dormant but its archives remain online. Gawker’s counsel argued that the footage is. Hogan also filed a motion for a preliminary injunction and a temporary restraining order to have the video removed. The settlement instead means Hogan will get $31 million as well as 45 percent of the proceeds from potential sale of, said Elizabeth Traub, a spokeswoman for Hogan’s lawyer, David Houston. Hulk Hogan sued Gawker for 100 million for invasion of privacy for publicly releasing a sex tape that involved Hogan and his friend’s wife. Thiel was outed as gay by a Gawker-owned website in 2007.

#Hul hogan gawker settlement professional
It became even more notorious when it emerged that Silicon Valley billionaire Peter Thiel had secretly bankrolled the suit. 2 Min Read NEW YORK (Reuters) - Shuttered irreverent news website Gawker Media LLC has reached a 31 million cash settlement with Hulk Hogan, the former professional wrestler who won a 140. While the 31 million settlement reached between Gawker Media and Hulk Hogan (Terry Bollea) got most of the headlines this week, the bankrupt blogging enterprise.

The invasion-of-privacy case, which revolved around a sex tape posted on, resulted in a $140 million verdict won by the former professional wrestler in a Florida court. Gawker founder Nick Denton in a Wednesday blog post said that the “saga is over.” NEW YORK (AP) The shell of Gawker has settled with Hulk Hogan for $31 million, ending a years-long fight that led to the media company’s bankruptcy, the shutdown of and the sale of Gawker’s other sites to Spanish-language broadcaster Univision. Hulk Hogan’s 140 million jury verdict against Gawker for unlawful publication of a sex tape was controversial its own right, but now The New York Times reports. the company is 'engaged in preliminary talks' with Hulk Hogan regarding a settlement over the 140.1 million invasion of privacy judgment that was awarded to.
