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Anorak | Gawker get body slammed by Hogan sex tape judgement

Gawker get body slammed by Hogan sex tape judgement

by | 22nd, March 2016

hulk-hogan-tattoo Trying times at Gawker media:

These damages come on top of the $115m already awarded to Hogan last week which concluded a nearly two-week trial in St Petersburg, Florida. There, jurors heard how Hogan, 62, had not been contacted by the website before it posted a nine-second video clip of the wrestler having sex with the wife of his friend, DJ Bubba “The Love Sponge” Clem. Hogan has said he didn’t know he was being taped.

Gawker Media itself was hit with a $15m judgment, while its owner, Nick Denton, was personally ordered to pay $10m in damages.

Ouch. That’s one pricey / lucrative shag.

Turkel said Gawker Media’s gross revenues in 2015 were $48.7m and that founder Nick Denton has a total of $121m, including a $3.6m Manhattan condo. Gawker Media is worth $83m, the lawyers said.

How much of that $121m is tired up in Gawker stock? And with

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Posted: 22nd, March 2016 | In: Money, News Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink

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