Univision, which bought the bankrupt Gawker Media network for $135 million on Tuesday, will not continue to operate the namesake website, Gawker confirms. The website will be shut down next week after a 14 year run. Until now, Gawker staffers had been uncertain of the website's fate, with many writers and fans pleading for the Spanish-language TV network to continue to run the site.
"Excluding Gawker.com from the acquisition, or deciding to end its editorial operations, would not necessarily entail layoffs, as Univision executives have committed to finding positions for current Gawker.com staffers elsewhere within Univision, including among the other six sites," Gawker wrote in a post about the website's fate on Wednesday.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
America's favorite fast food restaurantsThe Explainer There are different ways of thinking about how Americans define how they most like to spend their money on burgers, tacos and fried chicken
-
Law: The battle over birthright citizenshipFeature Trump shifts his focus to nationwide injunctions after federal judges block his attempt to end birthright citizenship
-
The threat to the NIHFeature The Trump administration plans drastic cuts to medical research. What are the ramifications?
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirementspeed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff displaySpeed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
