http://money.cnn.com/2016/03/18/media/hulk-hogan-gawker-jury-deliberations/index.html
HOLY FUCK
GAWKER BTFO
115 MILLION
>>67968607
And Gawker has to put 50 mil in escrow if they want to appeal kekkkk
GG Gawker no re
>>67968607
thank god this is a good night
>>67968677
Each appellant has to put up a bond. So 50 mil from gawker, 50 mill from Nick the Jew, 50 mill from AJ Dago stein
>>67968677
>punitive damages have yet to be assessed
>no upper cap on punitive damages
>>67968607
Gawker on suicide watch
>>67969000
>Hulk gets awarded 756 trillion dollars in punitive damages
>>67968677
read:
>>67968876
so its either pay 115M to satisfy theReal American, or pay 150M to fight and jew.
either way they are pretty fucked all things considered.
>>67968607
People said this was going to bankrupt Gawker, I thought they were exaggerating.
They said he was suing for $100m, I figured he was asking for that but would be lucky to get a tenth of it.
But holy shit.
This literally could be the end of Gawker. This isn't just meming, barring a successful appeal it looks like Hulk has literally killed Jezebel and the rest of that trash
wish it was a gawker buzzfeed collab lol
>>67969152
I mean if they win on appeal, they get that all back. But trust me, I am a lawyer, and they have lMAYBE a 20 percent chance of getting a reversal. Don't lose a jury verdict kids.
Lel
>>67969605
Haha that's what they get for being smug little libshits.
>>67969605
That 115$ million is not counting punitive fees which could be up to 2-3 times that amount.
>>67969808
>being a lawyer
>browsing 4chan
Anyway, so you think that gawker won't appeal?
>>67968607
Dude's got big hands. And you know what they say about men with big hands.
>>67970337
they get cucked by hack radio hosts?
>>67970127
Yeah, I know, I wouldn't believe me either.
Yeah, they absolutely will appeal, but their points on appeal, other than a remmitur, are stupid. Exclusion of evidence is rarely a winner, especially when it's due to a fifth amendment issue. The first amendment argument is a loser as well.
>>67970903
I dunno, an appeal would be a MAJOR risk.
They already stand to lose $115m plus. Their odds of losing an appeal are high and a higher court could end up awarding Hogan even more.
>>67971103
This is wrong, Additur on appeal is pretty much impossible. The only way that damages increase on appeal are from accrual of post judgment interest which in most states is 9 percent. Interest occurs anyway until the judgment is satisfied.
>you lived to watch "Hollywood" Hulk Hogan take down KO a bunch of liberal faggots
THIS IS IT BOYS
>>67968607
Gawker Media is worth like $2.6 billion this is peanuts to them. They will recover especially from all the media attention and people visiting to read about this story on their own site. You guys really think they only have $115 net worth? they own dozens of sites
>>67972618
Bullshit, they net maybe 40 million a year. They are not a 60x p/e ratio
>>67972917
>net maybe 40 million a year
>in business since 2003
>literally half a billion by your shitty estimate
>>67972618
>>67972917
They bullshit their revenue to attract more advertisers, which is why the Real American can take 115 million. When it is revealed that Gawker has no where near that much, they'll have to close.
>>67968607
gg ez
>>67968607
Take all their money Hulk. You deserve every fucking cent.
Hulkamania's running wild tonight. Good for him.
>>67972618
>$2.6 billion
you are retarded
>>67968607
Gawker media will never recover but only if your reply to this post with
KOTAKU? FUCKU!, JEZEBEL? GOTOHELL!
smoking crater where gawker used to be
>>67973601
no oc ? nah
we need to rub this in somehow, make gawker know pain
>>67973018
Yes. Because Denton was netting 40 million in 2003 when it was him and three other writers, and every year thereafter. Why don't you let the adults talk about this stuff instead trying to do babbys first valuation.
>115 million dollars
that's a fucking lot of money.
makes me happy to see this double standard libshit site get closed down for good and all of it's workers out of a job. too many click bait bullshit sites out there anyways
>>67973467
you're retarded if you think this puts a dent in them. there's a reason the man on the stage joked about underage porn. they are too rich to give a fuck
>>67973467
>>67972618
Neither one of you posted a source. Gawker is worth $50 now. Prove me wrong.
>>67973841
Denton has money. AJ, who was the dipshit, is maybe worth a hundred or two grand.
>>67973018
They weren't raking in millions from day one, and after all the money they spend to keep running they only get about seven million in profit.
>>67973951
They're worth $0 Canadian dollars.
>>67973601
Kotaku isn't what it used to be. Not videogame stuff . Barely even "nerd/geek culture" anymore. Seriously go take a look at the top 20 stories on it right now and see if you can't do without it.
And Jezebel? Just go to Salon for your shitty liberal celeb stuff.
>>67973841
Dude you simply don't undersand how the business of online webpages works, they make money from clicks on ads and they pay a literal fortune in servers, even tho their business is said to be worth billions they don't ever have that amount in real money in the bank. That is because most of what they earn is paid back to servers and other expenses. At the end of the day Denton makes some millions a year but he lives a very VERY expensive life style, I'm almost sure he doesn't have the 115 Million in cash to pay and will be in debt. Not to mention he will pay millions to the attorneys.
>>67973841
>there's a reason the man on the stage joked about underage porn
There are two reasons
1. He's a scumbag
2. He's a fucking retard with no filter between his brain and his mouth
>>67974107
Well, I'm probably worth a big fucking pile of rocks, but gravel won't buy you a burger my friend
>>67972618
>Gawker Media made $6.7 million of profit on $45 million of net revenue in 2014,
Current high estimate of their value is $300 million but this judgment not only costs them lots of money, it destroys their business model. They own a bunch of servers, code, some desks and chairs in a leased office. Tangible assets are few. Their 'value' is mostly based upon their ability to be clickbait assholes. That value just vanished.
>>67973841
Actually it's because he's an arrogant douchebag from New York who never got hit when he talked shit in the past.
If he were to make that joke NOW, after helping lose one hundred and fifteen million dollars due to being an arrogant douche I might agree with your statement that he is too rich to care. Or I'd point out that now he's too fucked to care.
>>67974187
Exactly. That is why he was already selling off chunks of his ownership to private equity chucks. Nick wasn't saving those profit distributions.
>>67974270
That gravel would make Eddie's Chinese boss very happy.
>>67969605
Gawker defied a COURT ORDER, anything short of bankruptcy is impossible
>>67968607
REST IN SHIT GAWKER
>>67974565
And don't forget the best part. He is personally liable for it AND since it's an intentional tort, he is FUCKED in ever getting it discharged in bankruptcy. He is hogans debtor 4ever
>>67974594
KEK
Denton is fucked
>>67974489
>except all they have to do is change their name and story focii - suddenly its clickbait fake science bullshit everywhere next
>/pol/ discusses valuation
LOL
>>67968607
>sex tape of Hulk Hogan fucking his friend's wife
Why is no one talking about how much of a degenerate Hogan is?
>>67968607
WHAT A FUCKING TIME TO BE A LIVE
is this the fall of the liberal media? the one that trump has foretold?
will this be a new beginning?
>>67975123
>Hogans the degenerate
>for fucking a cucks wife
>and being secretly filmed by the cuck
>who then sold the tape to Gawker
Yeah Hogans the degenerate, he was just getting some free pussy.
>>67975123
Here's the thing. Hogan admitted he was wrong, under oath and owned up to his failing in open court. Gawker insisted that it did nothing wrong and even joked about publishing child porn in a formal legal proceeding.
>>67975271
Milo said 2016 was the year the age of the sjws ended.
>>67969605
God bless America.
Hulk Hogan is a national treasure.
>>67975497
this erection of mine can only get so big
![maxresdefault[1].jpg](https://i.imgur.com/inPqhpk.jpg "maxresdefault[1].jpg")
Anyone know how much The Hulkster had before this?
I don't think he was doing anything recent - is he retired? Did he have like less than $5mil before all this?
>>67974632
Well, if Eddie Chang worked in the US wede get him all the rocks he wanted.
Unfortunately he's in hmthe Congo, which only works properly when a foreign power with big knives shows up, IE Rawanda or Belgium
>>67974915
It's not that the name is tainted, it's that if the precedent has been set that this type of business model results in hundred million dollar judgments. This won't just affect Gawker, the entire clickbait market has been put on notice that there are severe consequences for intentionally shitting on people for clicks. They'll have to be much more careful, which means less enticing headlines at a time when people are already starting to become immune to them.
>>67975123
His friend gave him permission, and a condom, to do it.
>>67969105
>>67969000
>>67969105
>tfw Supreme Court set a limit of 1:1 ratio for punitives in a recent case
>thinking the supreme court wouldn't hold that same applies here
non-law fags BTFO
RUNNING WILD!!!
>>67974187
>primarily static website
>expensive
>cloudfare
>external commenting widget
mate you have no idea what you're talking about. enjoy your delusion of grandeur until the next 10 years you see how gawker lives on
>>67974489
>implying this case won't further the attention they get already
kek okay mate
WE DID IT REDDIT
>>67975803
$230 million is still a huge blow which likely is more than Gawker can survive.
>>67973018
>>67973802
>>67974030
>estimates around the web place gawkers worth between 200-300 million
>150mill in compensatory damages alone
>could easily hit 300mill
I'd bet my net worth a the judge grants remittitur.
>student loans my net worth is negative
calm down
gawker can appeal it
>>67975271
Keep hulkin hoganbro
>>67975952
Attention doesn't matter when you are several hundred million in debt. Name changes don't make court judgments magically disappear.
>>67976001
You're right, see >>67976111
This will literally destroy Gawker media.
>>67976121
Not without putting up fifty million in cash for a bond. Where are they going to get that money? No investor in their right mind would take that risk.
>>67976121
>in american law, appealing a jury verdict rarely happens
>>seriously, that shit has to be the jury MASSIVELY fucked up for them to set that aside
>they have a chance motioning for remittitur, which lessens the amount the jury awarded
>>67976121
>in american law, appealing a jury verdict rarely works out in the appellants favor
>>seriously, that shit has to be the jury MASSIVELY fucked up for them to set that aside
>they have a chance motioning for remittitur, which lessens the amount the jury awarded
>>67976111
Agree. At the very least it gets shaved down to 100 million since that it all that hogan asked for it n compensatory damages. That is a gimme.
>>67974228
>you are now reading this in the voice of the guy from that DirecTV commercial
when you try to tell gamers that they are dead, they boycott your advertising
when gamers boycott your advertising, you get shekel shoah'd for millions of dollars and have to admit this publicly
when you get shekel shoah'd for millions of dollars, you can't afford a good lawyer because you posted hulk hogans sex tape
when you can't afford good quality counsel, you get an editor talking about child sex tapes on the witness stand
when you have an editor talking about child sex tapes on the witness stand, you lose your company
>>67976139
guess what literally 0% of gawker viewers care about this case
https://www.change.org/p/donald-trump-buy-gawker-subsidiary-kotaku
>https://www.change.org/p/donald-trump-buy-gawker-subsidiary-kotaku
https://www.change.org/p/donald-trump-buy-gawker-subsidiary-kotaku
>https://www.change.org/p/donald-trump-buy-gawker-subsidiary-kotaku
>>67969808
>trust me, I'm a lawyer
>>67975803
Incorrect. The Supreme Court in dicta stated that no more than 10x actual damages should be allowed except in extraordinary circumstances. If you practice now, there are plenty of times that that ratio has been disregarded. I have seen 92x actual damages upheld on appeal by a state Supreme Court and the the USSC deny cert.
>>67975271
KEEP HULKIN HOGANBRO
>>67968607
https://www.youtube.com/watch?v=0MCnnfXPSHw
2016 is our year, /pol/.
>>67976544
Signed. It's a good cause.
>Hulk asks for 100 million
>Gets 115
It's certainly a good morning.
WHEN: MARCH 19, 6:00PM - MARCH 20, 12:00PM
WHERE: 10 Columbus Cir, New York, NY 10019
ACTION: Clean and repair
Mods plz sticky. Please spread to other outlets.
Anti-Trump degenerates will be holding a destructive protest in New York City tomorrow, Saturday, March 19. The barbarians will be marching from Columbus Circle to Trump Tower, and will undoubtedly leave a trail of garbage and vandalism in their wake. It is the duty of all those who want to make America great again to demonstrate to the people of New York who really has their best interests at heart. If you live in the New York metro area and want to help combat the disintegration of your city, please come to Columbus Circle on March 19th at 6:00PM to help clean up the litter and repair the vandalism. Come prepared to work with brooms, garbage bags, latex gloves, and any other cleaning supplies you can think of. You are obviously encouraged to wear your Trump gear, but be prepared to get your hands dirty. The cleanup will likely continue into the following morning so you may arrive later.
This is intended to generate goodwill among regular New Yorkers and demonstrate that decent citizens are capable of providing a service the local government cannot. Please be cheerful and friendly at all times. Offer to be as helpful as possible to everyone you interact with.
Do not engage anti-Trump savages. Do not respond to verbal harassment or insults. Obviously defend yourself from physical assault if necessary, but do not escalate. Let Donald Trump do the fighting for us. Your focus here is to literally make New York city great again by cleaning up after the scum.
There is no need to exchange personal information here. Just say if you intend to show up at Columbus Circle on March 19. When you arrive just start cleaning up any trash or graffiti you find. If you run into other MAGA people along the way, all the better.
DON'T FORGET TO WEAR YOUR MAGA HAT!
>>67969000
>punitive damages have yet to be assessed
This. The only guarantee is that the sum will be over $6,000,000.
>>67976689
http://pastebin.com/Azh8NWzY
WHEN IT COMES CRASHING DOWN AND IT HURTS INSIDE
YOU GOT TO TAKE A STAND IT DON'T HELP TO HIDE
IF YOU HURT MY FRIENDS THAN YOU HURT MY PRIDE
I GOTTA BE A MAN
I CAN'T LET IT SLIDE
I AM A REAL AMERICAN
FIGHT FOR THE RIGHTS OF EVERY MAN
I AM A REAL AMERICAN
FIGHT FOR WHATS RIGHT
FIGHT FOR YOU LIFE
I FEEL STRONG ABOUT RIGHT AND WRONG
AND I DON'T TAKE TROUBLE FOR VERY LONG
I'VE GOT SOMETHING DEEP INSIDE OF ME
COURAGE IS THE THING THAT KEEPS US FREE
>>67968607
wtf why do they give so much money. totally retarded. Just because you rich you can escape fucking retarded system.
>>67969605
this shit always gets reduced to peanuts in appeals
learn2civil law
>>67976539
Doesn't matter. All that matters is the green, and Gawker is about to be severely deficient in that regard.
>>67976455
They admitted the whole gamers are dead shit cost them millions?
>>67977791
google "shekel shoah"
>>67969605
If only they were nicer, maybe we'd care. I wonder what Sam Biddle has to say about this. Surely he'll place blame where it lies.
>>67976870
MY SIDES, BROTHER!
>>67976870
lol, gawker is literally gay!
Gawker delenda est
>>67972618
>They will recover especially from all the media attention and people visiting to read about this story on their own site.
This. They'll easily make up the money from baiting /v/ alone.
>>67968876
As I understood it they have to put the full sum into escrow except the maximum is $50 million.
They don't each have to put the $115 million (which gets converted into $50M) into escrow. The total escrow will be $115 million
>>67978687
not unless they get paid a dollar per click
>>67976544
>https://www.change.org/p/donald-trump-buy-gawker-subsidiary-kotaku
signed
>>67969605
Nick Denton sold a minority share in the company to protect him from the damage. He can feel the Sword of Damocles over his head. His twitter feed is hilarious right now and people are piling on.
The system works.
[REAL AMERICAN INTENSIFIES]
>>67969105
>not 6 gorillion
Was the sextape any good? sauce?
>>67979613
Hot damn. What a place this country is. Here's to the US of A and to having liberalism beaten to a pulp this year.
https://youtu.be/N7Wt4XlXUrc
>>67980557
Fuck off you faggot pipebomb
