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Jarry what does this mean for the media landscape Gawker will continue to operate Nick Denton has made that Pierre that's correct yeah they're gonna continue to publish as normal but they've filed for bankruptcy protection after losing this case against Hulk Hogan and they also have their put themselves up for sale and we know that they already have one company that's agreed to buy them Ziff Davis which has been a magazine publisher for many years our sources are telling us that the offers for around a hundred million dollars but that's not a final deal this is going to go up for an auction there can be higher bidders than that so you know remains to be seen what happens and who ends up with gawkers properties we just got a statement from Nick Denton of Gawker here saying quote we've been forced by this litigation to give up our long-standing independence but our writers remain committed to telling the true stories that underpin credibility with our millions of readers with stronger backing and disentangle from litigation they can perform their vital work on more platforms and in different forms Emily Chang let me ask you about the involvement here of Peter Thiel the the venture capitalist the billionaire venture capitalist reportedly who has backed Hulk Hogan's legal costs here in this case a lot of people have seen this and raised a concern that if a billionaire can do this it makes it very difficult to cover billionaire without fear of the kind of retribution the Nick Denton Gawker have seen here David I did speak with Peter Till's team today they're not commenting right now however it's been really fascinating to see people in Silicon Valley taking sides on this you have a lot of journalists who are very angry you have even Jeff Bezos the CEO of Amazon and owner now of the Washington Post says that that Peter Thiel is is basically digging a grave for himself and should have had a thicker skin on the other hand there are a number of venture capitalists people who by the way a Gawker has written some not nice things about people like Chris Sacca and Vinod Khosla who have come to Peter Thiel's defense I actually sat down with Vinod Khosla yesterday legendary venture capitalist founder of Sun Microsystems he's been the target of a couple of Gawker pieces and I said where do you draw the line when it comes to freedom of the press take a listen to what he had to say the definition of what the press is has is very ambiguous now he's a bloomberg journalist the same as a hustler magazine journalist is a blog poster individually a journalist the same way there's you know what is the line to me there's two things that matter anything that goes without checks and balances is going to go out of kilter and to a Nick Dunne whom I'd say...