Gawker is a renowned American Blog that was founded by Nick Denton and Spiers Elizabeth. The blog majorly focused on the media industry and the celebrities. This website majorly promoted itself as ‘Source of daily Manhattan media news as well as Gossips.’ According to analytics, the site had over twenty-three million visits every single month. The site, created in 2003 was a flagship project for Denton’s Gawker media. This company was also involved in the management of other blogs including Jezebel and Kotaku. Keep on reading to learn more on the net worth and Earnings of Gawker in 2019.
Gawker was created by a journalist by the name Nick Denton in the year 2002, and this was after he had left Financial times. In the beginning, the editor of the site was Elizabeth Spiers. The official launch of this site took place in the year 2002. When Spiers quit, her job was taken over by Choire Sicha, who was working as an art dealer. He served in the position until 2004 when he was replaced by Jessica Coen. She rose to become editorial director of the Gawker Media. She got a new job at the New York Observer. The editorial position would later be split into times, Matt Haber who was being engaged as the co-editor for a while. Coen would later announce that she was leaving the site to become the deputy online editor at the Vanity Fair. This went on, and the last editor who served was Alex Pareene.
Gawker was publishing more than twenty posts every single day. Sometimes, this could increase to reach thirty posts every single day. It also published contents from other sites that were owned by Gawker media. Stories were mostly emanating from anonymous sources, and they became very famous. When Alex Balk got to replace Jesse Oxfeld, Jesse said that Nick wanted to make the site fewer media focused and more of the mainstream. In 2015, he announced that the site would start to cover politics majorly. The site was closed after Hulk Hogan sued them and Peter Thiel and the company was forced to pay Hulk Hogan $31 million. The site was bought by Bryan Goldberg at an estimated $1.13 million, and this included all the digital assets.
Gawker was a renowned site that had huge traffic. The traffic was around 23 million visits every single month. More traffic meant more money for the company. Before the sale of some of its assets, it was valued at over $100 million.
Net worth and Earnings
The net worth of Gawker as of the year now is estimated to be $1.5 million. This was the price that this gossip blog was purchased by Bryan Goldberg in an auction that was held in Manhattan.
Gawker.com shut down its operations in the year 2016 after a successful lawsuit by Hulk Hogan that was being financed by Peter Thiel which forced them to pay $31 million for invading the privacy of Hulk Hogan. Since then, the blog has not been in operation, but as it has a new owner, it would be interesting to see changes that will be made.