Univision Names News Corp's Raju Narisetti as CEO of Former Gawker Media
September 21 2016 - 4:20PM
Dow Jones News
The entity formerly known as Gawker Media has a new name and
chief executive.
Univision Communications, which in August won the embattled
digital media company at a court-administered bankruptcy auction
for $135 million, has named News Corp executive Raju Narisetti as
chief executive officer.
Mr. Narisetti, who effectively is filling the shoes of Gawker
founder and former CEO Nick Denton, will oversee the business and
editorial operations of the newly named Gizmodo Media Group, which
houses Gizmodo, Jalopnik, Jezebel, Deadspin, Lifehacker and
Kotaku.
The group is now a unit within Univision's Fusion Media Group.
Mr. Narisetti will report to Isaac Lee, Univision's chief news,
digital and entertainment officer, and Felipe Holguin, the
president and chief operating officer of Fusion Media Group.
Mr. Narisetti is the senior vice president of strategy at News
Corp, which owns The Wall Street Journal, where he began his
journalism career as a reporter and editor. He served as managing
editor of the Washington Post from 2009 to 2012 and was founder and
editor of Indian business newspaper Mint. He will join Univision in
late October, the company said.
"As part of Univision, we will now be more ambitious in
deepening, broadening and sensibly scaling the passionate digital
communities that Gizmodo, Jezebel, Deadspin, Kotaku, Jalopnik and
Lifehacker have attracted, by offering accurate, responsible, edgy
and engaging journalism, as well as through relevant, related
content and commerce," Mr. Narisetti said in a statement.
Gizmodo Media Group President Heather Dietrick and Executive
Editor John Cook will report to Mr. Narisetti.
Gawker Media's eponymous site Gawker.com shut down in August
after Univision acquired the parent company. The site had been at
the center of an invasion-of-privacy lawsuit brought by Hulk Hogan,
who won $140 million in damages over a Gawker post that included a
clip of his sex tape, forcing the company into chapter 11
bankruptcy protection after a Florida judge upheld the verdict.
During the legal saga, it was revealed that Silicon Valley
billionaire Peter Thiel had helped finance the former professional
wrestler's case, as well as others brought against Gawker.
Write to Steven Perlberg at steven.perlberg@wsj.com
(END) Dow Jones Newswires
September 21, 2016 16:05 ET (20:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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