image: adage

Univision is considering selling the former Gawker Media websites

July 9, 2018

Via: Ad Age

Univision Holdings Inc. is considering selling its English-language websites, including the former Gawker Media properties, according to people with knowledge of the situation.

The move would put a group of sites such as Gizmodo, Deadspin and Jezebel on the block, said the people, who asked not to be identified because the deliberations are private. Univision is working with financial advisers on the process, they said.

Univision bought the former Gawker Media websites for $135 million in a 2016 bankruptcy auction, aiming to expand beyond its niche in Spanish programming.

Read More on Ad Age