Hulk Hogan Gets $115M Verdict Against Gawker at Sex Tape Trial. Weighing free speech against privacy, a Florida jury has decided to uphold the sanctity of the latter by turning in a $115 million verdict against Gawker over its 2012 posting of a Hulk Hogan sex tap.

Gawker had excellent legal counsel, this was simply a case no one could win.

New York snark does not translate well to judges and juries.

Gawker will need to post an appeal bond of 10% of the damages verdict.

The jury may award up to 3 times the $115 million in punitive damages, for a total award of hundreds of millions of dollars.

Gawker’s revenue last year were around $44 million. There’s no way Gawker can afford to pay this verdict.

Gawker owns several websites like Jezebel and Kotaku. Those sites may be sold off to the (lowest) bidder.

In order to appeal the verdict, Gawker must put up the full verdict amount, or pay 10% (non-refundable) to a company. Bottom line: Gawker will need to pay millions of dollars out of pocket to appeal the Hulk Hogan verdict.

This should bring the Denton empire to an end sooner rather than later:Showing someone else's video isn't free speech. But regardless, it's good to see the one of GG's most egregious enemies going down.Cernovich's video analysis summarized:

Labels: #GamerGate, media