Judge will not reduce $140 million in damages Gawker has to pay Hulk Hogan

Gawker Media was handed a big loss today as a judge in Florida denied Gawker’s motion for a new trial, which means the $140 million in damages awarded to Hulk Hogan will not be reduced, Anna Phillips for the Tampa Bay Times reports.

Gawker Media, a New York-based network of blogs, was hoping that a Florida court would reduce a jury verdict handed down earlier this year in which Terra Bollea, also known as pro wrestler Hulk Hogan, won an invasion of privacy suit against Gawker which awarded him $140 million.

Gawker can appeal this latest ruling to Florida’s Second District Court of Appeals.

Developing…

Gawker is the high-brow gossip sheet covering media, entertainment, politics and technology.

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