Gawker says it will sell to Ziff Davis

Gawker reportedly will sell its asses to publisher Ziff Davis.

Gawker’s brands include Gawker.com, Deadspin, Lifehacker, Gizmodo, Kotaku, Jalopnik and Jezebel.

“We are encouraged by the agreement with Ziff Davis, one of the most rigorously managed and profitable companies in digital media,” said Gawker CEO and founder Nick Denton. “A combination would marry Ziff Davis’ strength in ecommerce, licensing and video with [Gawker Media Group’s] premium media brands.”

Ziff Davis owns media brands such as PC Magazine, IGN and AskMen, among others. In a memo obtained by Recode, CEO Vivek Shah described the agreement as a “tremendous fit between the two organizations.”

By: Alan

Alan Colmes is the publisher of Liberaland.