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Yet the rise of Donald Trump, revenge lawsuits, untimely deaths, and the vagaries of the internet ended up disrupting the disrupters.īen and I talk about all that, plus his controversial decision at BuzzFeed to publish the Steele Dossier, what the firings of Tucker Carlson and Don Lemon mean for journalism, and his aims for his new media platform, Semafor. Indeed, it seemed they would define the new century while legacy outlets such as The New York Times would be lucky to survive in the new, massively online mediascape. In the '00s and early 2010s, these sites dominated news cycles and pulled millions of eyeballs due to their unique abilities to shape media narratives in surprising and irresistible ways. In his new book Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race To Go Viral, Smith charts the rise and fall of Gawker, The Huffington Post, Breitbart News, and his old employer.
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“We’re all operating under the assumption that they’re shutting it down,” one staffer said before heading into the meeting.:15 :15 Download Ben Smith: Why It Matters that Gawker, BuzzFeed News, and Breitbart News Failedįor today's episode, I talk with Ben Smith, the first editor in chief of recently shuttered BuzzFeed News, former New York Times media columnist, and founder of Semafor. Hogan, whose real name is Terry Bollea, filed an invasion of privacy suit against Gawker Media after the namesake site published a portion of his sex tape in 2012.Ī Florida jury awarded Hogan $140.1 million in damages earlier this year, which motivated both Gawker Media and Denton to file for bankruptcy this summer.ĭenton delivered the news to staffers at a meeting early Thursday afternoon at Gawker’s headquarters in Manhattan, two hours before a scheduled hearing to ratify Univision’s acquisition and a day after he confirmed that he would be leaving the company following the sale.īut by the time the meeting was called, employees had resigned themselves to the reality that ’s days were numbered. In June, Gawker Media filed for Chapter 11 bankruptcy after the company’s expensive legal fight with Hogan, a court fight that was funded by Silicon Valley investor Peter Thiel.
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The site’s unsparing coverage prompted several lawsuits, including the one brought by the former professional wrestler Hulk Hogan that sent the parent company into bankruptcy.
The site also served as a springboard for some of the internet’s best-known writers and editors.īut had its critics, many of whom are likely celebrating Thursday’s news. It represents an abrupt end for a pioneering site that helped define a snarky tone and style that are now ubiquitous across digital media. The development comes days after Univision agreed to buy Gawker Media, the pioneering digital news startup founded by Nick Denton, for $135 million. NEW YORK -, the flagship site of Gawker Media that typified the company’s candid and unapologetic brand of journalism, will be shuttered next week, it was announced Thursday.
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