Two years after its splashy acquisition of the former Gawker sites,Univision’s Fusion Media Group is careening into a new era of belt-tightening and downsizing. Will Penske or Diller be enticed to help them unload what’s left?
The Wall Street Journal is reporting that the Gizmodo Media Group, a division of Univision Communications, has sought to quickly defeat a defamation lawsuit brought over an article published on the sports website Deadspin, saying the complaint is intended to intimidate journalists. WSJ subscribers can read the full story here.