One of the more interesting trials to make its way to St. Petersburg pits wrestling superstar Hulk Hogan against Gawker Media. The company is being sued by Hogan because they published a sex tape with his estranged friend's wife. That ex-friend is Bubba the Love Sponge. who filmed the whole scene without him know about it.
Now, Hogan - whose real name Terry Bollea - is claiming Gawker Media is morally bankrupt. He's suing for $100 million - which could financially bankrupt the company.
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Kelly McBride of the Poynter Institute for Media Studies says if Hogan prevails, it could put Gawker out of business, which would radically alter our media landscape. Gawker's founder and publisher, Nick Denton, admitted recently that he doesn't have enough insurance or enough reserves to cover the $100 million price tag on the suit.
