Gawker Media sheds 3 sites

According to Silicon Alley Insider Gawker Media is shedding three of its underperforming sites: Wonkette, Gridskipper and Idolator. Unlike when he nuked, Nick Denton has mercy on these sites and will basically give them away to other companies with financial incentives for Gawker later down the road if they make money.

Shedding sites is a neccesity that I’ve had to do lately to keep the focus on the core profitable arena of the business.

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