Gawker Bankruptcy: A defeat for a free press

Gawker Bankruptcy: A defeat for a free press This past weekend it was announced that Gawker has filed for bankruptcy in the wake of the $140 million settlement awarded to Hulk Hogan in a lawsuit funded by venture capitalist Peter Thiel. However, while Gawker may have lost the battle the war rages on.Read the full article

Gawker Media Files for Bankruptcy After Losing Hulk Hogan Lawsuit

June 10 -- Gawker Media filed for bankruptcy and put itself up for sale after losing a $140 million invasion-of-privacy suit brought by former professional wrestler Hulk Hogan and funded by tech billionaire Peter Thiel. Bloomberg's Gerry Smith and Emily Chang report on "Bloomberg Markets." Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 And subscribe to Bloomberg Politics for the latest political news: http://www.youtube.com/BloombergPolitics?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ Bloomberg Television brings you coverage of the biggest business stories and exclusive interviews with newsmakers, 24 hours a day: http://www.bloomberg.com/live Connect with us on... Twitter: https://twitter.com/bloombergtv Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv