Gawker Is Dead Again

Hulk Hogan and Peter Thiel get to party like it's 2016 all over again, as the recently resurrected Gawker that they stuck a $140 million fork in is apparently dead yet again after a year-and-a-half run. Bryan Goldberg, the CEO of parent company Bustle Digital Group, announced Wednesday morning that the company would be cutting its workforce by 8%, but that "the most noticeable change you will see today is that BD will be suspending operations of Gawker."

He cited a decision to "prioritize our better monetized sites," reports CNN; Variety notes that those include Bustle, Elite Daily, and Scary Mommy. Gawker Editor-in-Chief Leah Finnegan, who worked at the original Gawker, confirmed the demise of "Gawker 2.0," calling the move "a staggering shame." BDG bought the site's assets for $1.35 million in a 2018 bankruptcy auction. (Read more Gawker stories.)