Based on the success of that launch, Goldberg will decide if and when Valleywag will be relaunched, according to the person. Goldberg won the assets to both and and plans to relaunch Gawker early next year. Univision bought Gawker Media for $135 million in 2016 and began selling off Gawker Media's assets this summer. The site has been dormant since 2015 after Gawker Media was sued into bankruptcy from a long lawsuit against Hulk Hogan that was bankrolled by Silicon Valley investor Peter Thiel. The site folded in 2008 before it was relaunched in 2013 by Sam Biddle. In 2008, it broke a story about Gene Simmons' sex tape leaking online and also reported on a relationship between Google founder Larry Page and former Yahoo CEO Marissa Mayer. Gawker Media launched Valleywag in 2006 as a blog that covered Silicon Valley gossip and personalities. The site was known for breaking big, juicy, and often controversial stories about the technology world. The founder and CEO of Bustle Digital Group purchased Gawker in July in a bankruptcy auction for $1.35 million.
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