Univision The Winning Bidder For Gawker Media

Univision Communications, Inc.Univision Holdings, the nation’s biggest Hispanic-focused multimedia company, has emerged as the successful bidder for bankrupt digital media publisher Gawker Media.

Although a Univision spokesperson declined to comment when contacted by RBR + TVBR, Gawker Media Group owner Nick Denton confirmed the $135 million deal had been finalized in a statement appearing on online media platform Recode. Univision beat out Ziff Davis’ $90 million offer for Gawker.

By Adam Jacobson
Courtesy of Radio + Television Business Report