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Gawker Founder Nick Denton Says His 'Sites Will Thrive' Amid Bankruptcy!

Nick breaks his silence!

Nick Denton is keeping his head held high after filing for bankruptcy.

On Friday, word got out that the Gawker Media founder declared Chapter 11 after being ordered to shell out $140 MILLION to Hulk Hogan over that sex tape lawsuit.

And in order to keep his company afloat, the 49-year-old is supposedly auctioning off his business, and digital media company Ziff Davis is said to have entered an opening bid between $90 and $100 million.

Related: Hulk Files ANOTHER Suit Against Gawker!

But despite the money issues, the UK native is adamant that his sites will survive!

He took to Twitter to respond to Gawker's bankruptcy, and also SLAM billionaire Peter Thiel for starting his own war with the webpage, posting:

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Florida Judge Upholds Hulk Hogan's $140 Million Victory Against Gawker & Denies The Site's Request For A New Trial!

Filed under: Legal MattersHulk HoganSexControversy

Get the deets!

Hulk Hogan wins again!

On Wednesday, a judge upheld the wrestler's legal victory against Gawker in that sex tape lawsuit. For those who may not remember, a jury ruled that the 62-year-old would receive $115 million from the gossip site, as well as another $25 million in punitive damages, for a grand total of $140 million.

The webpage's founder, Nick Denton, had filed a motion to try and get the celeb's winnings reduced, or just have the jury's verdict thrown out altogether, and get a new trial ordered.

Related: Hulk Files ANOTHER Lawsuit Against Gawker!

However, Florida Circuit Judge Pamela Campbell decided the TV personality's winnings would not be touched, and shot down Gawker's request for a new trial.

But the fight's not over yet.

Now that the magistrate has officially settled how much the site owes Mr. Hogan, the case will move on to the appeal stage, since Nick is battling the celeb's big victory.

What do U think about all this, Perezcious readers? SOUND OFF in the comments!

[Image via DJDM/WENN.]

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More Bad News For Gawker — Hulk Hogan's Punitive Damages Award Could Bring Him Nearly Half A BILLION Dollars From The Website!

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Lesson learned: don't post celeb sex tapes.

After Gawker lost a massive $115 million judgment to Hulk Hogan over the posting of his sex tape, it seemed like the case was all said and done — well, until the appeal, that is.

Related: Hulk's Ex-Wife Breaks Down Over The Scandal!

There's only one thing: that $115 million only takes into account the compensatory damages that Gawker did when they published Hogan's naughty nookie night on camera.

The punitive damages still have yet to be handed down, and a jury will next week decide how much to tack on to that figure.

Get ready, though, because punitive damages

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Gawker Media Founder Nick Denton WILL Be Appealing Hulk Hogan's Big Win! See His Statement HERE!

Filed under: Legal MattersHulk HoganControversy

Here's what he has to say!

Hulk Hogan just won BIG money in his lawsuit against Gawker Media.

But the site's founder, Nick Denton, believes the sex tape scandal is far from over. On Friday, after a jury granted the former wrestler $115 million — $15 million more than he asked for — the British journalist released a statement about his legal loss.

Related: Hulk's Ex-Wife Breaks Down Over The Scandal!

The 49-year-old claimed — once again — witnesses and evidence that weren't presented in court could have caused the jury to reach a different decision.

The businessman explained that he and his attorneys are already working on appealing the ruling, saying:

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THIS Is Why Amber Rose Defended Kim Kardashian's Naked Selfie! WATCH HERE!

Filed under: Kanye WestKim KardashianAmber RoseWiz KhalifaInstagramNBAKUWTK

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Kim Kardashian West has found an unlikely ally!

As we reported on Wednesday, Amber Rose shocked everyone when she defended the KUWTK star's naked selfie on Instagram.

Related: Is THIS NBA Baller Dating Amber Rose??

In case you didn't know, the former stripper has a tumultuous relationship with her ex — and Kimmy's husband — Kanye West.

On Thursday's episode of Nightline, Wiz Khalifa's baby momma only had positive things to say about Miz Kardashian!

On her infamous selfie

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Hulk Hogan Emotionally Testifies In Sex Tape Lawsuit

Filed under: Legal MattersHulk HoganSad SadSexControversy

See what Hulk had to say.

Hulk Hogan is speaking on the scandal.

On Monday, the wrestler testified in his lawsuit against Gawker Media, who posted a secretly-recorded sex tape from 2007 of him and Heather Clem, AKA the ex-wife of his former friend Bubba the Love Sponge.

The 62-year-old revealed under oath that he was in a really bad place at the time the filthy flick was filmed, admitting he had "bottomed out" and "just gave in and let my guard down."

Video: Hulk Opens Up About Racism

The reality star admitted he was discouraged about his failing marriage with Linda Hogan, saying:

"A lot of things were happening at the same time. I was trying unsuccessfully to get my wife back. She told me verbally over and over, 'You're too old, you're too slow, you don't turn me on. I want to find somebody younger.'"

He also explained the shock jock was the guy he had turned to during those tough times, and said that the 49-year-old had actually been encouraging him to sleep with his then-wife, testifying that he said things like:

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Wendy Williams Throws Serious Shade At Kanye West After Wiz Khalifa Feud By Saying We Met Kim Kardashian 'On Her Back!'

You NEED to see this!

Shots have been FIRED.

Plenty of people have reacted to Kanye West and Wiz Khalifa's insane Twitter feud on Wednesday, but Wendy Williams might take the cake as far as shady responses are concerned.

Well, okay, Amber Rose definitely had the best comeback, but the talk show host's might be a close second!

During The Wendy Williams Show on Thursday, the 51-year-old sat down to discuss the heated online argument, and it was clear from the get-go that she was NOT #TeamKanye!

Related: The Feud Continues As Wiz SLAMS Kanye!

The on-air personality got particularly passionate regarding the tweets where Ye calls his ex a "stripper," and decided to bring up wife Kim Kardashian West's own x-rated past, saying:

"The idea that he's going after Wiz like this is crazy. The idea that you're talking about Amber being a stripper — you're not saying anything that she hasn't admitted herself. As a matter of fact, Kanye, you're the one who gave this stripper her come-up and, by the way, we recall meeting your wife on her back."

DAMN. Looks like another victory for Amber!

And the New Jersey native wasn't finished! She also trashed the hitmaker's marriage with the reality star, alleging that the entire thing is a sham! She added:

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