In a memo sent to staff after a judge made the sale official, Denton said that he would not be part of the movie. The site's archives will reportedly remain online, and its staff will be offered positions at the company's other verticals.Īs for Denton, he will not be joining Univision.
Univision agreed to acquire Gawker Media, which includes and other verticals like Deadspin and Jezebel, for $135 million, having outbid Ziff Davis during Gawker's bankruptcy-induced auction process. The near-term plans for ’s coverage, as well as the site’s archives, have not yet been finalized," wrote J.K. "Nick Denton, the company’s outgoing CEO, informed current staffers of the site’s fate on Thursday afternoon, just hours before a bankruptcy court in Manhattan will decide whether to approve Univision’s bid for Gawker Media’s other assets. The site will cease to operate sometime next week. Gawker's own media reporter confirmed reports that began to emerge on Thursday that would be shut down. Gawker's flagship site - will not continue to operate under its new owners, a sudden end to one of the most controversial and contentious digital media websites.
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