Gawker founder Nick Denton reflects on lawsuit that destroyed his company
Sunday March 12, 2017. 11:47 PM , from Ars Technica
Enlarge / Nick Denton during the trial against Gawker Media in March 2016. (credit: John Pendygraft-Pool/Getty Images)
AUSTIN, Texas—Few can claim to have built an online media business from the ground up. Gawker's Nick Denton may stand alone in having built such an empire, and then losing it totally.
Denton's company Gawker Media went bankrupt in spectacular fashion last year, after getting hit with a $140 million jury verdict. The Florida jury found Gawker had violated the privacy rights of Terry Bollea, aka Hulk Hogan, by publishing a clip of him having sex with his best friend's wife. The story turned even wilder last year when it was revealed that the lawsuit was secretly funded by Silicon Valley billionaire Peter Thiel.
Now Denton's ready to talk about the experience of running Gawker, seeing it destroyed via litigation, and figuring what comes next. During a panel at the South by Southwest conference earlier today, Denton was interviewed by lawyer Jeff Goodby about his thoughts on media, lawsuits, and politics.
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