Univision said it will integrate the sites Deadspin, Lifehacker, Gizmodo, Jalopnik, Jezebel and Kotaku into its Fusion Media Group. Gawker Media filed for chapter 11 bankruptcy protection in June after a Florida judge upheld the verdict. “Desirable though the other properties are, we have not been able to find a single media company or investor willing also to take on Gawker.com. Gawker Media staffers unionized last year, and the union says that Univision has agreed to recognize the existing contract. Univision’s acquisition of Gawker comes as the Spanish-language broadcaster has moved to become a more digital company with a greater focus on a millennial audience.
Source: Wall Street Journal August 18, 2016 16:58 UTC