Nick Denton Sells Off Wonkette, Gridskipper, And Idolator

Nick Denton has sold off three of his babies to while he claims he’s waiting for the internet bubble to burst.

The political blog Wonkette is now owned by the current managing editor, Ken Layne, the founder of Tabloid.net.  Music blog Idolator has been sold  to Buzznet, which specializes in entertainment.  And as for Gridskipper, it’s been handed off to Curbed, which Gawker Media has a stake in.

The actual numbers have yet to be made public, but Mr. Denton stated on Valleywag that “each had their editorial successes; but someone else will have better luck selling the advertising than we did.”

“We’ll be able to devote more attention to breakouts such as Jezebel and io9, as well as established titles such as Gizmodo and Kotaku, which are becoming utterly dominant in their domains,” he explained.