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December 16, 2017 06:00 pm

'The Gawker Foundation' is Crowdfunding a Bid To Re-Launch Gawker.com

"Gawker may soon return from the dead," reports TechCrunch.While Univision acquired most of Gawker Media's sites last year (and renamed them as the Gizmodo Media Group), the deal didn't include Gawker itself. In fact, BuzzFeed reported last month that a bankruptcy administrator has not been able to find a buyer for the Gawker site, and that lawyers for Peter Thiel (the billionaire venture capitalist who helped fund the lawsuit that led to Gawker's bankruptcy) were arguing that he'd been unfairly excluded from the process. Now a group of former Gawker employees calling themselves the Gawker Foundation has launched a Kickstarter campaign to buy the old domain and relaunch with a nonprofit, membership-funded model. "The truth is often inconvenient, and Gawker's work isn't done," explains a mirror of their campaign site at SaveGawker.com. "We want to dig deeper." $10 pledges get you a laptop sticker, $250 pledges earn you an invite to their glorious re-launch party, and to solicit $10,000 pledges they're even asking wealthy backers to "Give us half of one bitcoin." "By setting ourselves up as an ownerless, advertiser-less, non-profit media organization, the editorial team will be able to do what they do best. More than a dozen Gawker Media alumni are involved in this project..."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/hmumilKzXYM/the-gawker-foundation-is-crowdfunding-a-bid-to-re-launch-gawkercom

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