Anonymous A (OP) double-posted this 10 years ago, 4 minutes later[^][v]#662,453
ST. PETERSBURG, Florida (CNNMoney) — Lawyers for Gawker Media pleaded for mercy before a Florida jury that met Monday to consider adding punitive damages to the $115 million they already ordered be given to ex-wrestler Hulk Hogan.
Big Daddy Derek !Uvm54ORbmo joined in and replied with this 10 years ago, 1 minute later, 25 minutes after the original post[^][v]#662,459
@OP @662,453 (A)
Not clicking those data harvesting links.
Anonymous D joined in and replied with this 10 years ago, 19 minutes later, 45 minutes after the original post[^][v]#662,465
I am no shill for Gawker & hell who no's what juries do. Ones I have been on were totally fair.
So a quick lookC of Founder of Gawker Nick Denton.
Jury has to pay close attention to this
Judge Pamela Campbell told the jurors. Daulerio has no assets, but owes $27,000 in student loans.
Really smart very smart business people are great at hiding cold hard cash. He must be very very VERY Good - Has no assets and owes $27,000
Of course the web says
$320 Million
Nationality United Kingdom.
About Nick Denton. British journalist and internet entrepreneur, Nick Denton, has an estimated net worth of $320 Million. Denton is the founder and proprietor of the blog collective Gawker Media, and the managing editor of the New York-based Gawker.com.
But everyone knows $320 Million is a perceived amount - The perception that Gawker is worth $320 Million and there is proof that cash on hand has not been enough to run the company based on shares they had to sell to raise:
Last summer, Gawker took an $8 million loan from Silicon Valley Bank to finance its relocation. Then it sold shares to come up with money for the trial - Its not like they are loaded with money on hand to do much more than run the business
One can look at net and find all kinds of numbers of worth of Gawker -
The privately held company has released financial data showing that Gawker Media earned $6.53 million in operating income in 2014 on revenue of $44.3 million.
Nick Denton, Gawker's founder, is worth $3.6 million, not including his interests in the media company, Gawker's attorney Michael Berry told the jury Monday. "$115 million is punishment enough," Berry told the jury Monday. "The verdict already rendered will be financial devastating" to the company, he said.
Lots of side company's make up the Gawker empire and the rest of the family's shares are not about to be touched for cold hard cash. Future value of perceived $320 Million dollar empire might crash and if they have to pay off Hogan - They can sell the Empire to someone else and everyone will be happy and still rich as shit and
Nothing of value will be lost
Big Daddy Derek !Uvm54ORbmo replied with this 10 years ago, 2 minutes later, 48 minutes after the original post[^][v]#662,466
Anonymous D replied with this 10 years ago, 4 hours later, 5 hours after the original post[^][v]#662,519
UPDATE
Jury Tacks On $25 Million to Gawker’s Bill in Hulk Hogan Case
A Florida jury assessed Gawker Media millions more in punitive damages on Monday for having invaded the privacy of the retired wrestler Hulk Hogan, adding to the $115 million it awarded in compensatory damages last week.
Gawker Media was ordered to pay $15 million; the company’s founder, Nick Denton, was assessed $10 million; and Gawker.com’s former editor in chief, Albert J. Daulerio, must come up with $100,000.
The Judge instructed the jury to consider whether Gawker had a “specific intent to harm Terry Bollea” and whether such harm was the result of malice.
The England-born, Oxford-educated Mr. Denton is well off, with most of his $121 million net worth held as stock in Gawker’s parent company, the Gawker Media Group, which runs multiple websites. The company is worth $276 million, the judge said, with revenue last year of $49 million.
Mr. Denton’s personal wealth includes $3.6 million in equity in a New York City condominium.
In contrast, Mr. Daulerio has no viable material assets, the jury was told, and owes $27,000 in student loans.
“The verdict already rendered will be financially devastating for Mr. Denton,” his lawyer, Mr. Berry, said, and will mean “financial ruin for Mr. Daulerio.”
But a lawyer for Mr. Bollea, Kenneth G. Turkel, appeared to concede that his client would not be receiving much, if anything, from the former editor.
“I’m not going to argue that A.J. Daulerio has some huge net worth, because he just doesn’t,” Mr. Turkel said.
Even though Gawker has said it would appeal the verdict, Florida law says that anyone appealing monetary damages must post a bond for the full amount, although the bond cannot be more than $50 million.
Anonymous E joined in and replied with this 10 years ago, 4 minutes later, 5 hours after the original post[^][v]#662,520
Gawker will not be paying a large majority of the reward, their insurance company will.
It's just as likely that the findings are overturned on appeals. Gawker will be just fine.
Anonymous D replied with this 10 years ago, 8 minutes later, 5 hours after the original post[^][v]#662,521
@previous (E)
As becky said. In a prior claim the insurance company paid but we may never know what the amount was vs the asking amount -
Taking a stab at this - I agree findings are likely to be overturned on appeals. Hogan boasted about his sexual prowess and he should be somewhat happy the video does not show him unable to preform
No I did not look at any videos.
Sheila LaBoof joined in and replied with this 10 years ago, 11 minutes later, 6 hours after the original post[^][v]#662,526
so is his weiner green
Anonymous E replied with this 10 years ago, 3 hours later, 9 hours after the original post[^][v]#662,561
>http://archive.is/ZUhHF > > Go to link > According to Gawkers Lawers the amount awarded $115 already exceeds Gawkers worth. > > Put that in your pipe and smoke it.
how the fuck am i supposed to smoke a message posted on a website
fuck u fagget
Anonymous H double-posted this 10 years ago, 48 seconds later, 11 hours after the original post[^][v]#662,577
> As becky said. In a prior claim the insurance company paid but we may never know what the amount was vs the asking amount - > > Taking a stab at this - I agree findings are likely to be overturned on appeals. Hogan boasted about his sexual prowess and he should be somewhat happy the video does not show him unable to preform > No I did not look at any videos.
did it remind you of your own erectile dysfunction??? fucking idiot
Anonymous I joined in and replied with this 10 years ago, 24 minutes later, 11 hours after the original post[^][v]#662,581
The Hulkster is likely to profit very little.
Lawyers get 40%
Taxes (because jury awards count as income and are going to take a big chunk after that 40%)
Appeals can drag on for decades, and Hulk Steroidicus isn't getting any younger.
:\
Ultimately, I really don't care, but I don't think he is going to see any profit by this.