Strapped for cash, sources believe that Gawker Media, which operates sites such as Jezebel, Deadspin and Gizmodo, will likely file for bankruptcy and seek a stalking horse bidder, who may sell off its assets. In recent weeks, it has also come to light that Silicon Valley billionaire Peter Thiel has been bankrolling the lawsuit against Gawker. Gawker has written about Thiel in the past, publicizing the fact that he is a gay man. Gawker quickly put in an appeal after the judge denied its request to reduce the damages. During the trial, lawyers for Gawker noted that the large verdict is “ far beyond the means” of the company. Daulerio, who edited when it published the clip in 2012, was finalized by the judge.Īccording to court papers, the damages carry an interest rate of 4.78 percent per year. The hefty verdict included $25.1 million in punitive damages, $10 million of which is to come directly out of the pocket of Gawker Media founder and chief executive officer Nick Denton, and $100,000 to come from A.J. Thank god she's getting an education.Kim Kardashian’s Paris Couture Week Style And if you havent, then you probably heard about that staged sex tape Farrah Abraham made with James Deen. I'm sure Wendy Wiliams is relieved that her new $1.5 million paycheck is going to education. Looks like Farrah might have actually listened to Wendy because Farrah is officially a student. "The only way she can redeem herself is to really use the money to get her education, hopefully someplace good, and then get her masters and become something out in the workforce that we can say, 'Wow, look at Teen Mom.' If she becomes a nuclear physicist, we can say, 'Okay, Teen Mom did the damn thing.' That is the only way she can redeem herself." Wendy Williams slammed Farrah for selling her sex tape because of what it will do to her daughter in the future but said that she could redeem herself with an education and smart business decisions. Well, more of a trashy whore as you can see in the video below.Īs for Farrah, she is happy with the deal she made saying "This is a risk for me to take, however I feel comfortable having given the rights to Vivid, a company I know can handle the media and press surrounding my sexuality."īut other celebs, such as Wendy Willimas, are very upset about Farrah's decision to sell her sex tape while raising a three year old and being a known figure in the media. If you've watched "Teen Mom" it's hard to get past looking at her as a mom to adorable 3-year-old-Sophia, and see her as a sex symbol. Hirsch added that the tape, which the company pursued as "vigorously as any sex tape we've ever pursued," is 70 minutes of "non-stop erotic action," and "Farrah is gorgeous, sexy and absolutely uninhibited." I personally disagree and think Farrah sounds like a bimbo and isn't sexy at all. Porn king Steve Hirsch, had been interested in buying the dual "Teen Mom"/ James Deen XXX porn from the beginning. Really not sure why Farrah made 7 figures, considering anybody can watch the leaked tape on the net for free. She is a busy entrepreneur making millions on her sex tape, and a business degree will definitely help her many pursuits.įarrah Arbraham's leaked sex tape sold for a reported $1.5 million to Vivid Entertainment. The former "Teen Mom" (and avid cook) has already worked on her culinary degree, so adding a business degree just makes sense. Phil’s production company is suing Gawker Media over its use of an interview with Ronaiah Tuiasosopo, the man behind. His biggest post, about reality TV star Farrah Abraham (Teen Mom) making a sex tape. She's been scolded by the media, and encouraged to go back to school with her new 7 figure check and the "Teen Mom" is actually doing it!įarrah Abraham will be studying with Pace's Lubin School of Business and working towards her BBA in Business Studies. Gawkers former viral content writer, Neetzan Zimmerman. Taking business courses at Pace University via their online curriculum, Farrah is going back to school after some questionable choices such as selling a sex tape while having raising a three year old daughter. After making a sex tape that's been leaked online, Farrah is putting her new $1.5 million owards education enrolling in business classes and going back to school. Farrah Abraham is going to back to business school.
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