"Univision deletes six controversial Gawker Media posts- POLITICO Media". "Univision Rebrands Gawker Media As Gizmodo Media Group Starts Translating Content For ". "10 months ago, Univision bought Gawker in a fire sale, and it's been messy ever since". "Gawker Media auction starts with Ziff Davis bid amid bankruptcy".
"Univision Finalizes Sale Of Former Gawker Portfolio And The Onion To Private Equity Firm Great Hill Partners". ^ a b c "Univision to Buy Gawker Media for $135M".The sale was completed on April 8, 2019, with Gizmodo Media Group and The Onion being combined into a new company named G/O Media. In April 2019, private equity firm Great Hill Partners agreed to purchase Gizmodo Media Group and The Onion from Univision. On July 10, 2018, Univision announced that it would "explore" the option of selling all of the Gizmodo Media Group and The Onion websites under its ownership. On June 28, 2018, The Daily Beast reported that over forty GMG staffers would be taking union-negotiated buyouts, thereby averting layoffs. On May 8, 2018, the GMG Special Projects Desk published an article that highlighted various issues plaguing Univision. In December 2017, Gizmodo Media Group announced a partnership with Mexican media conglomerate Televisa to launch Spanish-language editions of websites such as Gizmodo, Deadspin, Kotaku, Jalopnik and Jezebel. In September 2017, Gizmodo Media Group launched its first new stand-alone site since acquisition from Gawker Media, Earther, devoted to environmental news, with Managing Editor Maddie Stone. On July 7, 2017, Gizmodo Media Group acquired the blog Very Smart Brothas. On September 21, 2016, Raju Narisetti was named as CEO of Gizmodo Media Group. On September 10, 2016, Univision removed six controversial posts from various Gawker Media sites, each with the note: "This story is no longer available as it is the subject of pending litigation against the prior owners of this site." Univision named the unit Gizmodo Media Group after one of its blogs, Gizmodo, in an effort to distance itself from the Gawker name. It included the websites Gizmodo, Jezebel, Deadspin, Kotaku, Jalopnik, and Lifehacker. The purchase did not include the flagship website Gawker.
On August 16, 2016, Univision Communications purchased Gawker for $135 million. On June 10, 2016, Gawker Media filed for Chapter 11 bankruptcy protection after the company was ordered to pay $115 million in compensatory damages and a further $25 million in punitive damages in Bollea v. Further information: Gawker Media Univision acquisition (2016)
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