Gawker reaches $31 million settlement with Hulk Hogan

Hulk Hogan.
(Image credit: Getty Images)

Gawker founder and former CEO Nick Denton wrote in a blog post that the company has settled its four-year-long legal battle involving Hulk Hogan, a case that ultimately resulted in the bankruptcy and sale of the popular website and blog network. Hogan had sued Gawker claiming that the site's publication of a sex tape with him in it was emotionally damaging. A Florida jury awarded Hogan $140 million in damages earlier this year.

In his post, Denton wrote:

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.