Thursday, Gateway Pundit founder Jim Hoft posted the following statement to his long-time blog:
April 24, 2024A message from our Founder:TGP Communications, the parent company of The Gateway Pundit, recently made the decision to seek protection under Chapter 11 of the United States Bankruptcy Code in the Southern District of Florida as a result of the progressive liberal lawfare attacks against our media outlet.This is not an admission of fault or culpability. This is a common tool for reorganization and to consolidate litigation when attacks are coming from all sides. It allows TGP to consolidate this lawfare in one court for ultimate resolution.Despite the radical left’s efforts to silence The Gateway Pundit through censorship, de-platforming, de-banking, cut-off from advertisers, and other financial strategies, we will not be deterred from our mission of remaining fearless and being one of the most trusted independent media outlets in America today. We do not expect that to change.Jim HoftThe Gateway Pundit Founder
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