1/2/2024 0 Comments Gawker settlementClem produced prior to the time Gawker posted it? I think if you can ask yourself that question you come to the same conclusion," Houston told. "How many millions of people had seen the video Mr. Related: Hulk Hogan says man beneath the bandana was 'humiliated' Hogan's longtime attorney David Houston said Gawker inflicted more damage on his client than Clem did. "We, of course, think that the small bits of the tape we used are newsworthy and revealed something about this very public controversy." "I think it's telling that he settled with Bubba, who did the recording himself for only $5,000 and is now seeking against a company that presumably has deeper pockets a much, much larger sum," Heather Dietrick, Gawker's president and general counsel, told CNNMoney. In a statement put out on the first day of Hogan's civil trial against Gawker Media earlier this week, Gawker made a point to compare the $100 million sought by the plaintiff "with the $5,000 settlement that Bubba paid Hulk for the actual taping." Bubba "the Love Sponge" Clem Clem's request will be considered Monday. His attorney had previously said Clem intends to invoke his Fifth Amendment right to not testify against himself. Clem could be subject to a state prosecution for perjury or a federal false statement prosecution," the motion stated. "Should these statements prove to be differing, and we do not concede that they are, Mr. But after striking a settlement with Hogan, Clem walked that back.Ĭlem, who has denied being responsible for the tape's leak, has resisted Gawker's efforts to call him as a witness to be questioned about whether Hogan knew he was being filmed.Ī lawyer for Clem filed a motion on Friday asking to be eliminated from the case. Relate: Hulk Hogan's lawyer says Gawker makes millions off peoples' miseryĬlem originally claimed that Hogan, whose real name is Terry Gene Bollea, knew that he was being recorded. © 2023 NYP Holdings, Inc.The video from a surveillance camera in Clem's bedroom showed Hogan having sex with the radio host's wife at the time, Heather Clem.īubba Clem could be heard on the full tape saying that if he ever wanted to retire, he simply needed to release the video. The parties are due in bankruptcy court Nov. The articles include the 2012 piece about Hogan’s sex tape, a story about actress Fran Drescher’s husband Shiva Ayyadurai’s claim that he invented email and a post about feuding Tinder founders.Ī second source involved in hatching the deal said “it was the longest, most painful negotiations I’ve ever been involved in.” The deal is just between Gawker and Hogan but will also clear Denton and his former editor AJ Daulerio of any debts owed to the famed wrestler, the source said.ĭenton also wrote that “the most unpalatable part of the deal” is scrubbing “three true stories” from the web. Gawker is eager to pay out proceeds from the sale by the end of the year to avoid tax penalties, a source said. The settlement will need to be approved by the bankruptcy court judge in December. The settlement comes following the sale of the gossip website to Univision for $135 million in August. He said of his decision to settle that an “all-out war with Thiel would have cost too much, and hurt too many people, and there was no end in sight.”Īs for Hogan, he felt it was “time to move on,” his attorney, David Houston, told The Post. “If there is a lasting legacy from this experience, it should be a new awareness of the danger of dark money in litigation finance,” Denton wrote. Thiel has held a grudge against Gawker since its now-shuttered sister site Valleywag outed him as gay in 2007. “Hulk Hogan’s retirement will be comfortable,” Denton said in a nod to his former adversary while directing his ire at Silicon Valley billionaire Peter Thiel, who secretly funded the wrestling superstar’s 2012 lawsuit. “The saga is over,” Gawker founder Nick Denton wrote in a blog post about the agreement. “Beautiful day at our beach, brother,” Hogan tweeted shortly before the deal was filed in court. The whopping award, handed down by a Florida jury in March, drove Gawker into bankruptcy three months later. Hogan is expected to accept the deal, which still needs to be approved by a judge. Gawker has offered Hulk Hogan $31 million to settle a $140 million jury verdict awarded for posting to the website a video of the wrestler and his best friend’s wife having sex, according to papers filed in Manhattan bankruptcy court Wednesday. Gawker begs readers to have an 'open mind and heart' in quiet relaunchįirebrand writer tapped to bring Gawker back from the dead News, gossip site Gawker shuts down - again!ĭeadspin owner G/O Media buys business news site Quartz
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