RT @annamphillips Jury awards Hulk Hogan $115 million in damages #hulkvsgawk

https://twitter.com/annamphillips/status/710962857484140545
The case centers on a video, apparently filmed about a decade ago, which shows Mr. Bollea having sex with Heather Clem, the wife of his best friend at the time, Todd Clem, a Florida radio shock-jock who legally changed his name to Bubba the Love Sponge. (We will decorously presume that a love sponge is some kind of romantic, perhaps heart-shaped, bathing aid.)
Nevertheless, Mr. Bollea sued Mr. Clem in late 2012, based in part on the idea that he did not know he was being filmed. Mr. Clem later said that Mr. Bollea had not, in fact, known about the camera. Mr. Clem, according to a legal filing by Gawker, extricated himself from the lawsuit by promising to testify, “to not disparage Mr. Bollea, and to not help us,” and paid Mr. Bollea what was described as the substantial sum of $5,000.
http://www.nytimes.com/2016/03/18/business/media/hulk-hogan-v-gawker-a-guide-to-the-trial-for-the-perplexed.html
Last year, Gawker Media's gross e-commerce revenue exploded to $100 million, netting it about $10 million, paired with $35 million in traditional advertising revenue. Gawker's e-commerce product, headed up by long-time employee Erin Pettigrew, primarily places affiliate links in articles about products that can be purchased on sites like Amazon. Skimlinks helps Gawker monetize this referral traffic.
http://www.businessinsider.com/gawker-media-raising-money-2015-1
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