Gawker is being sold to Univision for $135 million

Gawker is being sold to Univision for $135 million, Recode’s Peter Kafka reported on Tuesday, who cites a source familiar with the media company’s auction.

Univision’s purchase of the bankrupt Gawker Media follows a two-way bidding battle between Univision and Ziff Davis, who originally opened the auction with a bid of $90 million.


NOW WATCH: Amazing video shows what the inside of a gun looks like when it’s being fired

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

gawker moneygame sai-us