Page 15 - Gawker
P. 15
“as the company’s websites assailed tech giants like Alphabet ,
Apple , and Facebook for byzantine schemes meant to reduce
their tax burden, Gawker Media quietly played the same game.”
(15)
Gawker Media Major Shareholders
Nick Denton 53%
Greenmount Creek 28%
Greenmount Creek is a British holding company created in
2013 by a tax lawyer with ties to Denton and is currently
controlled by the Denton family trust. The trust itself was
created in 2010, for which Denton’s sister, Rebecca Denton,
serves as trustee. (15)
A feature of this relationship is that Greenmount Creek is
obliged to pay an unsecured note that will be worth $12.8
million, tax-free, in 2028 years to an undisclosed recipient.
