 Kevin Lee |
Didit marketing services firm is bidding for Gawker Media, according to Reuters.
The move follows the May 17 court approval of a peace treaty between Gawker and Peter Thiel.
The billionaire venture capitalist had funded the successful lawsuit of wrestler Hulk Hogan that drove Gawker into Chapter 11.
Under the court ruling, Thiel has agreed not to buy Gawker.com, which will be sold in bankruptcy, and to release claims against any future buyer.
Kevin Lee, Didit's co-founder & executive chairman, told Reuters if his firm is successful, it will re-launch Gawker as "Gawker for Good, using ad revenues to donate to non-profits."
Based in Mineola, NY, Didit has acquired PR firms LVG Group, JB Cumberland PR and Bridge Global Strategies.
Fox News Media issued a pretty sparse release to announce the departure of one of its stars. “Effective today, Maria Bartiromo is no longer with FOX News Media,” it reads.
Brunswick Group partner John Simons has joined CNN as senior director of business & media. He held top jobs at Time and the Wall Street Journal.
WNET, the nation’s largest public media company, names Edward O’Keefe its next president and CEO, effective September 21. O’Keefe succeeds Neal Shapiro, who becomes president emeritus and will retire at the end of the year... The Stealth Bot Prohibition Act, which would empower news publishers and other content providers to defend themselves by mandating transparency for all bots crawling their sites, in introduced in the House by Rep. Laurel Lee (R-FL) and Rep. Valerie Foushee (D-NC)... Google gets socked by European Union regulators with a $1 billion fine for using the platform’s dominance as a search engine to illegally undercut competition.
Boston Globe Media acquires InstaTrac, a company that provides subscription-based services aimed at making government information easier to find, track, and understand... AARP names former New Republic CEO and publisher Michael Caruso as its SVP and chief content officer, unifying the organization's portfolio of media, live events and digital platforms... The Fund for American Studies, an educational nonprofit, awards its inaugural Journalism Excellence Fellowships.
Trump Media and Technology Group Corp. has replaced CEO and former California Congressman Devin Nunes with Kevin McGurn, a seasoned media sales executive.
