The Short of It

Univision buys Gawker Media for $135 million

By Lauren AguirreAugust 17, 2016


Univision Flickr

Univision is buying Gawker Media for $135 million. Gawker Media declared bankruptcy after Hulk Hogan won $140 million in court from the company for Gawker's publication of a sex tape. Univision is primarily a Spanish-language broadcast company and will own all seven of Gawker's websites. These include, Deadspin and Jezebel. The deal will go through once a bankruptcy judge approves.