Gawker Media selling three properties

Gawker Media has announced that they are selling three of their owned web properties.

The company is selling Idolator, Gridskipper, and Wonkette.

A company representative was quoted as saying in an internal email message: “To be blunt: they each had their editorial successes; but someone else will have better luck selling the advertising than we did.”

The financial details of this sale are not being revealed to the media.

Idolator is being sold to Buzznet. Gridskipper would now become a part of the Curbed network. Wonkette would be managed by current editor Ken Layne as part of the Blogads network.

Checkout: Gawker Media

Popularity: 2%