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Hulk Hogan’s intercourse tape, a Silicon Valley billionaire, and a $10m revenge plot to destroy Gawker

Hulk Hogan’s intercourse tape, a Silicon Valley billionaire, and a $10m revenge plot to destroy Gawker

A storyline perhaps the Simpsons could have refused

Review It is for ages been feared that satire might be dead.

Nevertheless the evidence seemingly have found its way to reports that Silicon Valley billionaire Peter Thiel is secretly funding a Hulk Hogan sex-tape legal instance against news socket Gawker as an element of a 10-year revenge dream for outing him as homosexual.

The Hogan instance had been a weird one: he had been filmed by their friend that is best, Bubba the appreciate Sponge, and their spouse whilst having intercourse along with her, and that tape later on discovered its option to Gawker whenever Hogan and their buddy had a falling out in clumps.

Gawker edited the 30-minute tape down to a single moment and posted it with an account that offered a mocking blow-by-blow account regarding the other 29 mins. Hogan sued, requesting $100m in damages, as well as in March a jury decided in Hogan’s favor. A judge issued a $140m judgment against Gawker.

Where things grew also odder, nonetheless, ended up being the proven fact that Hogan’s appropriate group particularly dropped an integral part of their lawsuit that will have experienced Gawker’s insurance provider get the tab. In addition to which Hogan apparently turned down a $10m settlement offer from Gawker to get rid of the actual situation going to trial.

Increasingly, it seemed as if the lawsuit’s primary focus would be to ruin Gawker – which will not have $140m in assets and will have to declare themselves bankrupt in the event that judgement stands – rather than make up Hogan. That led Gawker’s CEO Nick Denton to wonder whether another person had been behind the actual situation. Continue Reading →

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