In the motion, Gawker Media's response to Hogan's claim that he had been
caused terrible harm by the release of the footage was that the story was
already out there for many months and that Hogan had publicly admitted to
cheating on his then-wife Linda in his 2009 autobiography My Life Outside
the Ring. So, they could not possibly harm his reputation by revealing
something Hogan himself had already revealed.
Gawker is claiming that as a news organization, they don't have to reveal their source for the video and that the story was newsworthy, so they should not be on the hook for the minute amount of the footage that they've run on their website.
There is a 11/8 hearing on the matter.