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Nick Denton is here for his first Network interview since challenging Silicon Valley billionaire Peter Thiel to a public debate Kill Confirmed last week that he secretly spent about 10 million dollars bankrolling lawsuits against Gawker and one of the Megerian retired pro wrestler Hulk Hogan a hundred and forty million dollars this dispute began in 2007 when a Galka website out of the PayPal co-founder as a gay man deal told the New York Times Gawker is a terrible bully he called the lawsuits one of the quote greater philanthropic things that I've done Denton called feel a thin-skinned billionaire who want to bankrupt Gawker Denton has hired an investment banker to support possible sale of his company he founded Gawker Media in 2002 it is reportedly worth at least two hundred and fifty million dollars Nick Dunne is in studio 57 with a sport first interview I think it maybe was worth 250 million dollars it may very well be true but just to clear it up is it for sale we have to look at every single contingency and when you have an angry billionaire against you I think it's quite right to look at every single contingency okay so let your biggest angry is that Harvin won the lawsuit against you or that Peter Thiel helped hawk token this is a complicated story so it began as a story about a sex tape the pod Cogan had himself been talking about it turned out that his motives for pursuing the lawsuit weren't to do with that but were to do with racist remarks on another tape and now it seems that there's a story behind even that story a billionaire on a 10-year mission to actually bankrupt a media company I've heard the open letter that you wrote to Peter Thiel where you said there have undoubtedly been occasions where we overstepped the line where have you crossed the line or overstepped in the story I don't particularly want to talk about that much because it was bad enough at the time for the person involved but there was a story last year a bout of a media executives personal life and that I regret that we published and I said so and we took down you published a story that this person had conned acted a male escort the story was along those lines so I think this is important because also the question about the Hulk Hogan's sex tape what is the news value in publishing a sex tape well first of all we didn't publish a sex tape we published snippets of a sex tape to accompany a story about this famous famous wrestler who had talked a lot about his sex life I'd made it a matter of public interest and the relationship that he had with his best friend and his best friend's wife we thought it was a valid story we still think it is a federal judge deemed it...