What Does Peter Thiel’s Lawsuit Against Gawker Mean for a Resource-Strapped News Industry?
Last night, Forbes reported out a rumor that has been circulating among media reporters for the last several months: Hulk Hogan’s $140 million lawsuit against Gawker Media was bankrolled by a wealthy benefactor, namely Silicon Valley billionaire Peter Thiel. The story, attributed to multiple anonymous sources, broke just hours before Gawker Media was scheduled to appear in a St. Petersburg, …