![]() "Our independence is very central to what we do and also a big reason why a lot of us work here." "People were surprised and saddened I would say," one Gawker Media staffer told CNNMoney. Staffers learned of the bankruptcy filing at an all-hands meeting around noon, shortly before the news went public. Still, the news brought a sense of shock inside Gawker's Manhattan headquarters on Friday. Gawker is still pushing ahead with its appeal of the judgment and has maintained confidence that it will ultimately be vindicated, but the company has been openly entertaining a sale. In March, a Florida jury awarded Hogan a staggering $140.1 million judgment in his invasion of privacy trial against the company over its 2012 publication of excerpts from his sex tape.ĭavid Houston, Hogan's longtime personal attorney, said in a statement that his client has "every intention" to pursue that judgment, "whether it be in the bankruptcy court or any other court." Under bankruptcy, people owed money generally receive only a fraction of what they were owed by the bankrupt company. But that doesn't mean he will be able to collect all the money the jury awarded him. Proceeds of the sale will go to pay off creditors, including Hogan. Ziff Davis will be what is known as a "stalking horse bidder," whose offer for the company can be topped by other bidders. The sale agreement to Ziff Davis will need to be approved by the bankruptcy court, which will conduct an auction to see if there is a higher offer available. Ziff Davis signaled that it is interested in Gawker Media titles like Jezebel and Gizmodo, but the company's statement noticeably lacked any mention of the flagship, where the offending Hogan story was published in 2012. Bidding is expected to continue next week.ĭenton said he was "encouraged" by the agreement with Ziff Davis, which he called "one of the most rigorously managed and profitable companies in digital media." The asset purchase agreement to Ziff Davis, the owner of PC Magazine, marks the start of the bankruptcy auction process. And #CNNBlackmail is the new #GamerGate.What a beautiful day,and the good doesn't prevent the better! In the present I AM always grateful,only good happens to me. As Mike Cernovich says, CNN is the new Gawker. #CNNBlackmail is already trending and the firing of the four members of the KFILE team has already been demanded. ![]() I somehow doubt the channers are simply going to take this sort of thing lying down. If I was a CNN employee with any big secret to protect, I'd consider resigning today. In addition, he said his statement could serve as an example to others not to do the same.ĬNN reserves the right to publish his identity should any of that change. In the interview, "HanA**holeSolo" sounded nervous about his identity being revealed and asked to not be named out of fear for his personal safety and for the public embarrassment it would bring to him and his family.ĬNN is not publishing "HanA**holeSolo's" name because he is a private citizen who has issued an extensive statement of apology, showed his remorse by saying he has taken down all his offending posts, and because he said he is not going to repeat this ugly behavior on social media again. The apology has since been taken down by the moderators of /The_Donald subreddit.Īfter posting his apology, "HanA**holeSolo" called CNN's KFile and confirmed his identity. I have the highest respect for the journalist community and they put their lives on the line every day with the jobs that they do in reporting the news." I thought it was the original post that was made and that is why I took credit for it. What the President's feed showed was not the original post that was posted here, but loaded up somewhere else and sound added to it then sent out on Twitter. "I had no idea anyone would take it and put sound to it and then have it put up on the President's Twitter feed. "The meme was created purely as satire, it was not meant to be a call to violence against CNN or any other news affiliation," he wrote. On Tuesday, "HanA**holeSolo" posted his apology on the subreddit /The_Donald and deleted all of his other posts. On Monday, KFile attempted to contact the man by email and phone but he did not respond. The apology came after CNN's KFile identified the man behind "HanA**holeSolo." Using identifying information that "HanA**holeSolo" posted on Reddit, KFile was able to determine key biographical details, to find the man's name using a Facebook search and ultimately corroborate details he had made available on Reddit. Since when is it the job of the news media to report, or not report, the news depending upon whether someone behaves how they want? This public threat issued by CNN to an anonymous meme maker marks an interesting development in so-called "professional journalism".
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