Gizmodo Media Group
| Subsidiary | |
| Predecessor | Gawker Media |
| Founded | 2016 |
|
Key people
|
Raju Narisetti (CEO) |
| Owner | Fusion Media Group |
| Parent | Univision Communications |
| Subsidiaries | Deadspin, Lifehacker, Gizmodo, Kotaku, io9, Jalopnik, and Jezebel |
Gizmodo Media Group is an online media company and blog network operated by Univision Communications in its Fusion Media Group division. The company was created from assets acquired from Gawker Media during its bankruptcy in 2016.
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. Gawker.
On August 16, 2016, Univision Communications purchased Gawker for $135 million. The purchase did not include the flagship website Gawker. Univision named the unit Gizmodo Media Group after one of its blogs, Gizmodo, in an effort to distance itself from the Gawker name. Raju Narisetti was named as CEO of Gizmodo.
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."
On September 21, 2016, Gawker Media and all of its assets were purchased by Univision Communications and have been moved to Gizmodo Media Group.
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