Gawker Media declared bankruptcy in June after losing a major lawsuit. The company went up on the auction block this week and Univision bought it up. And while the company likely has plans in mind for at least some of what it paid for, the flagship site isn’t going with: Gawker.com is shutting down.
Gawker — until 2008, the parent company of Consumerist, and the former employer of two current Consumerist staffers — had its assets acquired by Univision for $135 million in a bankruptcy auction this week.
According to Gawker, the purchase included subsidiary sites Deadspin, Gizmodo, Jalopnik, Jezebel, Kotaku, and Lifehacker but left the fate of Gawker itself unclear.
Today, that fate became clear. The one-time internet media stalwart announced it would be ending operations next week, roughly 14 years after its founding. “The near-term plans for Gawker.com’s coverage, as well as the site’s archives, have not yet been finalized,” site staff wrote.
Employees of other Gawker Media sites tell Consumerist that no official word about their properties has yet come from Univision one way or the other. Univision’s Isaac Lee — the chief news, entertainment, and digital officer for Univision Communications — is expected to speak with Gawker Media staff in their New York office tomorrow.