Gawker is relaunching in early 2019

After a two-year hiatus, Gawker is coming back. Peter Thiel, be damned.

Bustle-owner Bryan Goldberg, who paid $1.35 million for rights to the defunct chitchat area in a bankruptcy auctioneer in July, wrote in a memo to Bustle staff Tuesday that Gawker would relaunch next year with Amanda Hale, the former honcho receipt officer of The Outline, as its publisher.

A spokesperson for Bustle substantiated the the recruitment and upcoming launch to TechCrunch, adding that Hale” will be responsible for building out the sales and marketing units, and developing the overall policy for the firebrand. Her first campaign will be to solidify a plan to ensure the Gawker archives have a safe and permanent home. We will be investing significant resources in this relaunch, and we are still obligate farther edicts as proposals change .”

According to the memo, the brand-new Gawker will take advantage of Bustle’s resources, engineering and business platform.

“We won’t recreate Gawker precisely as it was, but we will build upon Gawker’s legacy and joy — and learn from its gaffes, ” Goldberg wrote. “In so doing, we aim to create something better, vibrant, highly relevant, and worth calling daily … totally distinct from our other belongings and sit within a separate corporate affiliate, ”

Here’s the full memo, gaining access to The Wall Street Journal’s Ben Mullin 😛 TAGEND

Goldberg, a boy, is the founder of Bustle, a site that creates content for millennial girls. He’s grew some $80 million in venture capital for the site, which appears to have found its statu after a rough start. In 2014, one year after Bustle’s launch, Goldberg pencilled a painfully tone-deaf blog pole announcing a $6.5 million round 😛 TAGEND

“Isn’t it era for a women’s publication that applies macrocosm information and politics alongside beauty tips-off ?” he wrote.” What about a area that takes an pensive look at the personality world-wide, while also having a lot of amusing flooding it? How about a place that offers career advisory opinions and book reviews, while also provides information on style trends and popular memes? ”

Google Ventures drew out of that round for ethical rationalizations following the blog pole. Goldberg is to continue to ink deals with several VCs, including GGV, General Catalyst, Saban Capital Group and Social Capital.

As for Hale, she left The Outline in May amid battles at the digital media startup. Only last week, The Outline announced it was laying off its standing personnel writers and would rely alone on freelances. It’s likely nearing a shutdown, despite having elevated$ 5 million in risk capital fund earlier this year.

The dinner that destroyed Gawker

The Outline’s reported fights don’t hold a candle to Gawker’s stormy past.

Gawker parent company Gawker Media was forced to file for Chapter 11 insolvency armour when a Florida court ordered it to compensates $140 million in mars to Hulk Hogan, who had litigated Gawker for producing his sexuality videotape. The litigation, and two others against Gawker, was bankrolled by Peter Thiel. The PayPal co-founder and Silicon Valley billionaire had a long-standing vendetta against the locate since it reported that he was gay before he had come out publicly.

In its heyday, Gawker attracted 23 million calls in a few months, according to the report of Wikipedia. Based in New York and founded in 2003, Gawker Media too guided Jezebel, io9, Deadspin and Kotaku — all of who the hell is acquired by Univision for $135 million next following the odious lawsuit.

Read more: https :// techcrunch.com/ 2018/09/ 11/ gawker-is-coming-back-in-early-2 019 /

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