 Bryan Goldberg |
Bryan Goldberg, a founder of the Bleacher Report and Bustle websites, acquired the assets of the Gawker gossip site in a July 12 bankruptcy auction.
The Wall Street Journal reports that a Goldberg-owned company bid $1.35M, topping the $1.13M bid made by Didit, the Long Island-based marketing services firm.
The Gawker assets include the domain name, social media accounts and a library of 200K published articles.
Goldberg, according to an internal email at Bustle, said he had no immediate plans to re-launch Gawker, but is excited that future possibilities.
Gawker Media filed for Chapter 11 in 2016 after it lost a lawsuit by wrestler Hulk Hogan, who was awarded $140M judgement. The case was settled in Chapter 11 for $31M.
Goldberg sold the Bleacher Report to Time Warner in 2012 for $175M.
Univision bought Gawker Media, which included Deadspin, Jezebel, Gizmomo and Gawker, in 2016 for $135M, after it declared Chapter XI.
The Spanish-language broadcaster then transferred Gawker to the bankruptcy court.
Nick Denton launched Gawker in 2003.
Lauren Skowronski, director of communications at Snap Inc., has been named senior VP-communications at CNBC.
Trust in the news media has continued to decline among Americans, with skepticism especially growing among younger audiences, according to a recent study.
Amazon may be coming to TikTok’s rescue in the nick of time as the app faces an April 5 deadline to cut ties with its Chinese owner or face a ban in the US, according to the New York Times... Vanity Fair editor Radhika Jones is heading out the door at the Condé Nast title she has headed up since 2017... Newspapers have dodged the bullet as regards the proposed tariffs on newsprint—for now.
Financial Times group chief executive John Ridding is stepping down after close to 20 years in the position... MSNBC hires Scott Matthews as SVP of newsgathering, effective March 17, as the network prepares for life after its connection to NBC News... Gallup has released a report showing that two-thirds of Americans either do not trust the media very much (31 percent) or do not trust it all (36 percent). 
Last week, Jeff Bezos just did something rare in today’s media landscape: he embraced common sense.
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