Editor’s note: This is the first in a two-part series.
In March, the legal world was jolted by news that Terry Bollea, better known as Hulk Hogan, was awarded a $140 million judgment against Gawker Media, the owner of an entertainment gossip blog. The underlying facts were sensational. The lawsuit was grounded in Gawker’s decision to post a sex tape of Hogan on its website. The woman in the tape was the wife of Hogan’s best friend, radio personality “Bubba the Love Sponge.” If that weren’t enough, Hogan’s suit was secretly funded by Peter Thiel, a Silicon Valley billionaire who wanted revenge against Gawker for publishing a story about Thiel years earlier.
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