Gawker Sold to Founder of Singapore’s Caldecott Music Group: ‘It Has the Opportunity for Reinvention’ (EXCLUSIVE)
variety.comTodd Spangler NY Digital Editor Get ready for Gawker 3.0: The twice-shuttered blog site has a new owner, who plans to bring the gossipy pop-culture brand back to life — but not in exactly the same way.
Meng Ru Kuok, CEO and founder of Singapore-based Caldecott Music Group, acquired the assets of Gawker from Bustle Digital Group.
In an email to Variety, Kuok confirmed that he has closed the deal buying the Gawker trademarks and domain name but not its article archives.
He said the deal for Gawker is unrelated to his existing operating businesses. “As it relates to the future for Gawker, as a brand that spent many years in the public consciousness, my personal opinion is that it has the opportunity for reinvention,” Kuok said in the email. “Whatever plans materialize, what’s for sure is that it won’t be the same as it was before.” Terms of the sale aren’t being disclosed.
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