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BuzzFeed sells Complex for $108.6 million, will lay off some staff

BuzzFeed has sold Complex Networks to NTWRK, a livestreaming video commerce platform, at a significantly discounted price tag, and it will cut another 16 percent of its remaining staff, the company announced Wednesday. The $108.6 million all-cash deal comes just more than two years since BuzzFeed acquired pop culture media startup Complex in December 2021…
New York United States Jonah Peretti Buzzfeed Inc Complex Networks Livenation Entertainment
Source: yahoo.com

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