The obsolete US news site Gawker has reached a settlement with Hulk Hogan for $31 million dollars (£25million), which brings an end to the high-profile court battle over a sex tape.
Following the long-running legal exchange with the former wrestler, whose real name is Terry Bollea , Gawker.com was shut down, and caused the media company's bankruptcy.
Gawker's founder Nick Denton has confirmed in a blog post that the “saga is over”.
Hogan won a $140million court judgement against the site, leading Denton to file for personal bankruptcy. More
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