Their livelihood? How about their life? Gary Webb.If you thought the bankruptcy of Gawker by billionaire Peter Thiel was a fluke, or that Gawker just got what it deserved, maybe you should think again. Other rich and powerful public figures already seem to be taking their cues from Thiel’s blueprint for destroying a news organization, and the entire media world could wind up paying the price.
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The Financial Times reported that Ailes is looking into a possible lawsuit against New York magazine and its investigative reporter Gabriel Sherman, who has received widespread acclaim for his thorough reporting on the myriad sexual harassment allegations against Ailes and Fox News. Melania Trump, meanwhile, has already sued the Daily Mail and an obscure blogger for $150 million over stories suggesting she once worked as a call girl.
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While it’s certainly too early to tell if there will be a dramatic rise in lawsuits—especially by extremely wealthy plaintiffs—that prospect has the potential to significantly raise the cost of insurance in the future. And if things get too ugly, there’s no requirement for insurance companies to offer policies to media organizations.
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Yes, news organizations have faced libel suits for decades (and luckily, our country has the world’s most robust protections against them). But past libel plaintiffs have traditionally been looking for a settlement and/or a retraction.
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Hogan structured his lawsuit to do maximum damage to Gawker, rejecting settlement offers with the sole purpose of forcing the company to spend as much money as possible.
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Less wealthy news organizations may be forced into the same corner Gawker was without ever losing, and that’s not to speak of the damage such cases could do to nonprofit news organizations or independent freelance journalists.
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How many media organizations will spike stories involving controversial figures just to avoid years of legal hassle and skyrocketing legal bills? How many journalists will just not pursue those stories in the first place, knowing the extra layers of bureaucracy they’ll have to fight through to get their stories published. And if there is a chance individual reporters are also on the hook, why would they risk their livelihood for a story to begin with?
Columbia Journalism Review
Welcome to life under oligarchy and the CIA.
...but hey, do what you want...you will anyway.
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