BuzzFeed sells Complex as its digital empire shrinks and slashes 16% of staff
By Oliver Darcy, CNN
Source: erienewsnow.com
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By Oliver Darcy, CNN
BuzzFeed sells Complex to NTWRK in $109M Deal, Creates new Complex company with focus on sneakers and streetwear.
Media group says it will be ‘more profitable, more nimble’ after offloading Complex at a discount and implementing a restructure
By Oliver Darcy, CNN
BuzzFeed on Wednesday sold Complex to NTWRK, an e-commerce company specializing in collectible items rooted in street culture, in a deal that further shrinks the struggling Jonah Peretti-led digital media empire that was once synonymous with virality and the social media age.