Gawker Media’s assets total $83 million, and, last year, it earned gross revenue of $48.7 million. The company’s lawyers revealed the figures on Monday
in an effort to minimize the punitive damages in the case against Terry Bollea, aka Hulk Hogan. After awarding the Hulk $115 million
on Friday, Gawker’s lawyers said awarding him any more money would be “financially devastating” to Gawker founder Nick Denton, WWD reports.
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