Hulk Hogan’s intercourse tape, a Silicon Valley billionaire, and a $ revenge that is 10m to destroy Gawker

Hulk Hogan’s intercourse tape, a Silicon Valley billionaire, and a $ revenge that is 10m to destroy Gawker

A storyline perhaps the Simpsons might have refused

Review It is for ages been feared that satire might be dead.

However the evidence appears to have found its way to reports that Silicon Valley billionaire Peter Thiel is secretly funding a Hulk Hogan sex-tape case that is legal news socket Gawker as an element of a 10-year revenge dream for outing him as homosexual.

The Hogan situation had been a strange one: he had been filmed by their closest friend, Bubba the like Sponge, along with his spouse whilst having intercourse along with her, and therefore tape later discovered its option to Gawker whenever Hogan and their buddy had a falling out.

Gawker edited the 30-minute tape down to 1 moment and posted it with an account that offered a mocking blow-by-blow account associated with other 29 moments. Hogan sued, requesting $100m in damages, as well as in March a jury decided in Hogan’s benefit. A judge issued a $140m judgment against Gawker.

Where things grew also odder, nevertheless, ended up being the fact that Hogan’s cam4 webcams appropriate group especially dropped an integral part of their lawsuit that will have experienced Gawker’s insurance provider pick up the tab. Together with which Hogan reportedly refused a $10m settlement offer from Gawker to end the outcome going to trial.

Increasingly, it seemed as if the lawsuit’s primary focus would be to ruin Gawker – which will not have $140m in assets and will have to declare themselves bankrupt in the event that judgement stands – rather than make up Hogan. Continue reading “Hulk Hogan’s intercourse tape, a Silicon Valley billionaire, and a $ revenge that is 10m to destroy Gawker”