The $135 million acquisition of Gawker is the latest in a series of deals aimed at making the Latino-focused TV network a bigger player in digital media.
The Silicon Valley billionaire wrote an op-ed about the Gawker bankruptcy auction he helped force by financing Hulk Hogan's lawsuit against the company.
The world of media was rocked by the tech billionaire's successful lawsuit against a gadfly news website. A poll by VICE News and Yougov indicates that the world at large wasn't.
Gawker filed for bankruptcy Friday.
Gawker plans to appeal the ruling, citing 'improperly withheld' witnesses.
Perhaps the lesson of Gawker is that outside investors sanitize content for the purpose of sustainability.