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Friday, March 18, 2016

Adios Gawker

This should bring the Denton empire to an end sooner rather than later:
Hulk Hogan Gets $115M Verdict Against Gawker at Sex Tape Trial. Weighing free speech against privacy, a Florida jury has decided to uphold the sanctity of the latter by turning in a $115 million verdict against Gawker over its 2012 posting of a Hulk Hogan sex tap.
Showing someone else's video isn't free speech. But regardless, it's good to see the one of GG's most egregious enemies going down.

Cernovich's video analysis summarized:

  •     Gawker had excellent legal counsel, this was simply a case no one could win.
  •     New York snark does not translate well to judges and juries.
  •     Gawker will need to post an appeal bond of 10% of the damages verdict.
  •     The jury may award up to 3 times the $115 million in punitive damages, for a total award of hundreds of millions of dollars.
  •     Gawker’s revenue last year were around $44 million. There’s no way Gawker can afford to pay this verdict.
  •     Gawker owns several websites like Jezebel and Kotaku. Those sites may be sold off to the (lowest) bidder.
  •     In order to appeal the verdict, Gawker must put up the full verdict amount, or pay 10% (non-refundable) to a company. Bottom line: Gawker will need to pay millions of dollars out of pocket to appeal the Hulk Hogan verdict.

Labels: ,

64 Comments:

Anonymous BGKB March 18, 2016 7:47 PM  

That's a lot less cocaine for Denton to snort at Epstein island.

Anonymous Nathan March 18, 2016 7:48 PM  

Bye bye, io9. Wish you were taking tor.com with you...

Anonymous 11B March 18, 2016 7:54 PM  

What are the chances Hulk with collect? My guess is some appeals court will overturn this. I hope they won't, but my guess is Gawker will keep fighting this until they get the result they desire.

Anonymous glenintenn March 18, 2016 7:56 PM  

a lil' tap'll do ya... sort of... oh never mind....

Blogger lowercaseb March 18, 2016 7:59 PM  

@3. It depends on how much they have to spend, but the most important thing is the publicity. The little thrush just whispered to the public where the hole in Gawker's diamond waistcoat lies.

Blogger Patrick March 18, 2016 8:05 PM  

This comment has been removed by the author.

Blogger ghostfromplanetspook March 18, 2016 8:20 PM  

I knew today was gonna be a good day! (Real American stars playing faintly in the distance and an echoing "Hey Brother" can be heard)

Anonymous WinstonWebb March 18, 2016 8:21 PM  

"Eat your vitamins and say your prayers"...and fuck Nick Denton!

Anonymous Elite Rope March 18, 2016 8:24 PM  

HULK SMASH! Gawker just got the chair to the face. THIS IS THE HIGH ENERGY AMERICA WE NEED, Y'ALL! MAKE AMERICA HULK AGAIN!

Anonymous WinstonWebb March 18, 2016 8:26 PM  

Is there ANY question that Hulk Hogan is a Trumpster?

Blogger Nate March 18, 2016 8:28 PM  

raise a glass boys!

Blogger David The Good March 18, 2016 8:32 PM  

Great news.

Blogger Cataline Sergius March 18, 2016 8:36 PM  

Good...Goooood!

Let the butt hurt flow!

Ah Ha Ha Ha Ha

OpenID gnossoss March 18, 2016 8:42 PM  

We Might Be Witnessing The 'Death of A Crappy Website'
By Luke Plunkett

I've been watching Kotaku for nearly four years now, and while I've seen some online kerfuffles over various issues in that time, I've never seen anything like today.

There has been so much hate. So many angry words, so many accusations, over...what? Sex tapes? Public defamation? People who publicly expose other people's private videos?

It would be absurd if it hadn't forced people out of their jobs and cocaine and Zoe Quinn.

There are a lot of opinions going around about this sad state of affairs at the moment, and you don't have to travel far to find some, but if you want to read something beyond a simple recap, something more substantive, my advice - as someone horrified by the degree of hostility, bigotry and sheer inhumanity that has been on show - is to start with this article.

By Leigh Alexander, it's called "'Kotaku' doesn't have to be your new source. 'Kotaku' is over." "'Kotaku' isn't just a dated website that most people increasingly prefer not to use", she writes. "Kotaku is over. That's why they're so mad."

Blogger lowercaseb March 18, 2016 8:53 PM  

@3. Cernovich and Randazza are discussing the legal aspects of it!

http://www.dangerandplay.com/2016/03/18/hulk-hogan-v-gawker-marc-randazza-legal-analysis/

Combining this with the Ben Shapiro thing earlier this week, I might be dangerously close to ODing on Schadenfreude.

Things are looking great out there. I'm only sad that I was denied the chance to gaze on Milo's hair in person when he was supposed to be in town last night.

Blogger lowercaseb March 18, 2016 9:00 PM  

@14. Ow! Your post is definitely sending me into schadenfreude priapism.

Blogger Salt March 18, 2016 9:03 PM  

It'll be appealed and probably reduced. But Gawker is bye bye. What a win. Happy days.

Blogger Fred March 18, 2016 9:09 PM  

"Gawker owns several websites like Jezebel ..."

We'll soon see which advertisers want to be known as being anti-privacy.

Anonymous Spartacus xxxxx March 18, 2016 9:11 PM  

lowercaseb wrote:@14. Ow! Your post is definitely sending me into schadenfreude priapism.

It's the Word of the Day!
Priapism is a potentially painful medical condition in which the erect penis does not return to its flaccid state, despite the absence of both physical and psychological stimulation, within four hours. Priapism is considered a medical emergency, which should receive proper treatment by a qualified medical practitioner.

And now if you'll excuse me, I need to seek medical attention as well. Thanks a lot, Gawker.

Blogger Salt March 18, 2016 9:15 PM  

... and #Gamergate is rejoicing.

Blogger Mr.MantraMan March 18, 2016 9:19 PM  

So the Denton empire was entered and he liked it till this judgement?

Anonymous Hulk Hogan March 18, 2016 9:28 PM  

This is the greatest day of my life since I bodyslammed the 1,000 pound Andre the Giant (God rest his soul) in the Silverdome, brother!!

OpenID b1bae96e-6447-11e3-b6bb-000f20980440 March 18, 2016 9:32 PM  

I read somewhere Denton was personally liable, in addition to Gawker. He has other assets and in theory has a net worth around $300 million. So Hogan is about to make things very rough for him.

Anonymous Spartacus xxxxx March 18, 2016 9:36 PM  

11B wrote:What are the chances Hulk with collect? My guess is some appeals court will overturn this. I hope they won't, but my guess is Gawker will keep fighting this until they get the result they desire.


Gawker had excellent legal counsel, this was simply a case no one could win.

If it can't be won, it can't be won. The Trumpening, plus the size and extant publicity of this case, makes the pricing model for an Appeals Court judicial bribe incalculable (basic Austrian Theory- no reliable market signal).

The jury may award up to 3 times the $115 million in punitive damages...
In order to appeal the verdict, Gawker must put up the full verdict amount, or pay 10% (non-refundable) to a [Bond?] company. Bottom line: Gawker will need to pay millions of dollars out of pocket to appeal the Hulk Hogan verdict.


Bear in mind, this is in addition to the known losses they have incurred to date-

1. Loss of advertising revenue due to #gamergate, $1M+ per annum?
2. Original bribe for the sex tape, $10K?
3. Lawyer fees and Court costs to date, a few hundred thou already? More?
4. Loss of Goodwill in business evaluation, a $few million?

They may be selling off units at a much lower price because of #4. So even without the Treble Damages verdict, they are already out large, both on the revenues and the loss sides.


Blogger lowercaseb March 18, 2016 9:45 PM  

@24. I wonder if I could get a good deal on Sam Biddle. I have many cups in my house that need bearing.

Anonymous Spartacus xxxxx March 18, 2016 9:50 PM  

lowercaseb wrote:@24. I wonder if I could get a good deal on Sam Biddle. I have many cups in my house that need bearing.

That took a few parsings to get to Silvered. Amirite?

OpenID denektenorsk March 18, 2016 9:58 PM  

Couldn't happen to a more deserving bunch of bastards.

Blogger TheLiberatorOfBados March 18, 2016 10:23 PM  

Awesome!

Blogger dh March 18, 2016 10:35 PM  

I read somewhere Denton was personally liable, in addition to Gawker. He has other assets and in theory has a net worth around $300 million. So Hogan is about to make things very rough for him.

Yes, Denton was found personally and severally liable with his corporate entity. I believe there are motions to be made that could get him personally released but I'm not sure how that will work.

We are about to find out how liquid Denton really is.

Blogger Cataline Sergius March 18, 2016 10:38 PM  

Kotaku and Jezebel probably going under the gavel. Time to pass around the tin cup.

Not that there is much there for either one, other than a domain name.

Anonymous Hulkamaniac 91 March 18, 2016 10:57 PM  

Long-time lurker here, huge Hulk Hogan fan throughout life.

Decided to make a little photoshop to celebrate this great news; congrats to the Hulkster!

Photoshop here - http://i.imgur.com/i1vP55q.jpg

Blogger YIH March 18, 2016 11:06 PM  

Winston Webb:
"Eat your vitamins and say your prayers"...
top kek.
BGKB:
That's a lot less cocaine for Denton to snort at Epstein island.That's a lot less cocaine for Denton to snort at Epstein island.
Speaking of cocaine...
On a more serious note, I suspect the award will be reduced on appeal - that often happens. But, as noted, it's still going to cost 'em a fortune to get there. Terry Bollea/Hulk is still going wind up walking away with a few
mil. If nothing else, just to settle it.
Gawker is still going to get BTFO.

Blogger Thucydides March 18, 2016 11:12 PM  

Now if if the Gawker case and award is the opening of the floodgates against SJW's, "progressives" and all the other filthy little rent seekers...Don't forget to build a large fire for American college administrators as well.

The cleansing will be a wonderful time

Blogger Beefy Levinson March 18, 2016 11:42 PM  

This comment has been removed by the author.

Anonymous A Paradigm Is More Than Twenty Cents March 18, 2016 11:52 PM  

...kotaku…jezebel..

Not that there is much there for either one, other than a domain name.

How sweet it would be for some of the Ilk to buy those domain names?

Anonymous Jack Amok March 19, 2016 12:11 AM  

Kotaku and Jezebel probably going under the gavel. Time to pass around the tin cup.

Not that there is much there for either one, other than a domain name.


But it would be fun to re-launch Kotaku. "Now with more of the VFMs you want, and less of the SJWs you don't!"

Blogger RC March 19, 2016 12:15 AM  

I will shed no tear for Gawker as they are an enemy but I think the appeals process is ludicrous. We're all only one crazy jury away from losing it all.

Blogger Snidely Whiplash March 19, 2016 12:24 AM  

Cataline Sergius wrote:Not that there is much there for either one, other than a domain name.

It would be fun to buy Jezebel, announce "no changes", and make Spacebunny lead editor.

Anonymous Man of the Atom March 19, 2016 12:53 AM  

Treble damages would be sweet and rightly earned by the G Empire. Imagine: Gawker would have to pay $35M (gone, not invested) just to file the appeal.

Skoal!

Blogger bob k. mando March 19, 2016 1:28 AM  

i think these damage awards are out of control ...

but if you're going to give Erin Andrews $55 million for some peekaboo nudey pics?

yeah, Hogan probably deserves a LOT more than that for a sex video that was broadcast on a major news site and that destroyed what was left of his career.

Blogger Yummy prosciutto March 19, 2016 1:38 AM  

Couldn't happen to more deserving assholes

Blogger Robert What? March 19, 2016 1:56 AM  

Don't worry. Gawker will find a way to rise from the steaming shit pile.

Anonymous Spartacus xxxxx March 19, 2016 2:20 AM  

Snidely Whiplash wrote:Cataline Sergius wrote:Not that there is much there for either one, other than a domain name.

It would be fun to buy Jezebel, announce "no changes", and make Spacebunny lead editor.


It is good to know that there are those among us who think in terms of business.

Business is war.
Profit is life.

Anonymous Jack Amok March 19, 2016 3:01 AM  

Denton's going to need one hell of a Patreon account.

Blogger LP9 Rin Integra S.I.G. March 19, 2016 3:12 AM  

Never cared for Gawker, not interesting.

So awesome to check Drudge, more matters, testimony or payments or damages are to follow!!

Blogger ray March 19, 2016 3:27 AM  

Not too smug now eh? Not so chirpy.

We'll do it again real soon. Almost as fun as frying rotten fish in church.

Blogger ray March 19, 2016 3:32 AM  

p.s. five minutes in a root cellar with Hogan for each Gawker gabbler. Shit they can all go at him at once if they think that'll help. Could probly whip them from a wheelchair.

Afterwards, if there aren't pictures it didn't happen. There won't be any pictures.

Blogger SciVo March 19, 2016 3:56 AM  

I have finally figured out the most telling question.

Which would you prefer of the country where you live:

1. [Your identity] has no influence.

2. The inhabitants imagine that [your identity] has no influence.

You tell me 1 or 2, I tell you whether you're good or evil.

Anonymous N5 March 19, 2016 6:15 AM  

Can't imagine that the litigants paid less than seven figures to get the case through trial.

Anonymous Til March 19, 2016 6:43 AM  

WHERE WERE YOU WHEN THE HULKSTER WON GAWKERMANIA?!

Blogger Escoffier March 19, 2016 6:45 AM  

OT but hilarious...

https://tinyurl.com/zov2x4u

"Why I'm Backing #NeverTrump: A "Cuckservative" Speaks"

And I crap you negative, this 'good' Conservative wants to continue the lovely practice of honest to goodness slaves in our supply chain so she can buy lots of pretty clothes.

Damn, just damn.

And at Insty where I got the first link our favorite uber-American drops this hot steaming headline...

"GOOD TRY, BUT I STILL WON’T SUPPORT TRUMP: Romney will back Cruz; so should we all."

Blogger John Cunningham March 19, 2016 7:07 AM  

VFM#424 here-- "What is most desirable in life? to crush your enemies, to see them driven before you, to hear the lamentations of their catamites, bulldikes and cuckservatives..."

Anonymous Steve March 19, 2016 7:24 AM  

Does this mean Hugo-pozzer, iO9 I-Can't-Evener and Andy Dick lookalike CHARLIE JANE ANDERS will have to go back to being a discount transsexual escort?

:(

Blogger Chrom March 19, 2016 9:33 AM  

"Hey, freakshow! You're goin' NOWHERE! I got'cha for three minutes! Three minutes of playtime!"

Blogger unconventional nazi March 19, 2016 12:07 PM  

" Gawker owns several websites like Jezebel and Kotaku. Those sites may be sold off to the (lowest) bidder."
-------------------------------------------

These money makers ought to bring a mint! *

*Insert smug Pepe pic here.

Blogger BigFire March 19, 2016 12:46 PM  

BTW, the bond amount they need to post is not $15 million. It's likely to be $46 million given the jury is likely to award triple damage in punitive phase. So we're dealing with $460 million instead.

Blogger Were-Puppy March 19, 2016 1:18 PM  

@15 lowercaseb
Combining this with the Ben Shapiro thing earlier this week, I might be dangerously close to ODing on Schadenfreude.
---

Are you one of those guys who will get tired of winning?

Blogger Were-Puppy March 19, 2016 1:33 PM  

This whole thing with Hulkster is like the Gipper winning one for himself

Blogger joe winner March 19, 2016 2:55 PM  

Just looked at Gawker for the first time ever and couldn't see any mention of Hulk Hogan.

Blogger David Power March 19, 2016 4:32 PM  


Our cup runeth over.

Blogger David Power March 19, 2016 4:36 PM  

We even have a new anthem:

The Shitlib Zone... https://clyp.it/imqzxxim#

Blogger David Power March 19, 2016 4:41 PM  

Lyrics:

Shitlib Zone

Somewhere in a hostile press room
There’s a cuck starting to realize
That sucking up has not worked out for him
It’s two A.M.

It’s two A.M. my honor’s gone
I’m sitting here waitin’ the stool still warm
Did you know that Lincoln was a Republican?

Yeah, my daughter’s burning coal, dindu in my bed
Bareback my nation, all community dead
Cannot realtalk, my whole life trained to be a toady

Help, I’m steppin’ into the shitlib zone
This is a bathhouse, feels like Lindsey’s home
My scrotum’s climbed up, under flabby gut
Where am I to go now that I’ve gone post-op?

Soon you will come to know
When the shiv has hit the bone
Soon you will come to know
When the shiv has hit the bone

I’m sticking to the Narrative, demographically doomed
Double crossed middle class gettin’ the screws
Can’t get no election, can’t get through
To Pablo’s crew

Well the cocktail parties ease his coward’s mind
He swears no child left behind!
When the third world comes
He knows damn well he’ll be retreating

And he says, “Help, I’m swishin’ into the shitlib zone
Place is a cookhouse, feels like Mexico
My nation’s been sold to Mark Fuckersperg
Where am I to go when the white vote’s submerged?”

Soon you will come to know
When the shiv has hit the bone
Soon you will come to know
When the shiv has hit the bone

When the shiv has hit the bone

{shredding break}

Help, I’m prancin’ into the shitlib zone
Place is a bathhouse, feels like anal fun
My dignity is gone, an eager tribute
Who’s gonna do the jobs that Americans won’t do?

Help, I’m cuckin’ into the shitlib zone
Place is a bathhouse, can’t stop being prone
My manhood’s been moved, under Jenner’s dress
How far am I to bend when they call me racist?

Soon you will come to know
When the shiv has hit the bone
Soon you will come to know
When CH has raped your soul

When the shiv has hit the bone, oo-ooga!
When the shiv has hit the bone
When the shiv has hit the bone, sha-lom!
When the shiv has hit the bone

wow wow wow wow just wow
wow wow just wowoooooowow

Blogger The Other Robot March 19, 2016 5:13 PM  

Can we look forward to more parties that Microsoft regrets?

Anonymous BGKB March 19, 2016 7:24 PM  

lowercaseb Combining this with the Ben Shapiro thing earlier this week, I might be dangerously close to ODing on Schadenfreude.

Drink lots of water. If you didn't OD during the Hugos you should be fine. Back then I felt like GRapeRapeM at an all you can eat schadenfreude buffet.

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