The controversial entertainment company suffers a $140 million loss.
Celebrity blog Gawker was denied motion for a new trial regarding a 2007 sex video in which Hogan is seen in bed with Heather Clem. Gawker was at the center of a costly trial as Hogan blames them for leaking the tape and spreading it over the internet.
Florida judge Pamela Campbell also refused to reduce the amount awarded to Hogan, which came to a staggering $140 million. However, she would not explain her decision regarding the award.
The trial brought light to whether or not the gossip venue had invaded Hogan’s privacy. A statement released by his lawyer, David Houston, said, “Gawker has failed and continues to fail in recognizing their obligation to Bollea for their reprehensible behavior and method of doing what they call journalism.”
Hogan sued the media company again earlier this month in relation to leaked court documents alleging that the 62-year-old had made racist remarks. As a result, the World Wrestling Entertainment (WWE) company decided to part ways with Hogan. Gawker, however, denies the release of such transcripts.
The wrestler was part of the WWE during the majority of his entertainment career.
Another lawsuit accuses several defendants, including a radio company, talent agents, disc jockeys, and a lawyer of conspiring to release Hogan’s sex tape, causing him emotional distress and economic harm.
The famous wrestler started his career in 1977 with Championship Wrestling in Florida before moving onto other related ventures. He created, financed, and opened a restaurant in 1995 which stayed open for one year, though his entrepreneurial spirit has also led to various films and reality shows.
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