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- BuzzFeed has sold Complex, the entertainment media brand it acquired for $300 million in 2021, to livestream shopping platform NTWRK for $108.6 million, the companies announced Wednesday. BuzzFeed also announced a plan to cut expenses, which includes 16% layoffs.
www.axios.com/2024/02/21/buzzfeed-sells-complex
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Dec 6, 2021 · BuzzFeed, Inc.’s listing today comes after the closing of the business combination with 890 5th Avenue Partners, Inc., a special purpose acquisition company, which was completed on Friday,...
Feb 21, 2024 · NEW YORK, NY — FEBRUARY 21, 2024 — BuzzFeed, Inc. (Nasdaq: BZFD) today announced the closing of its sale of Complex to NTWRK to form a new and wide-ranging destination for the future of commerce...
Jun 24, 2021 · NEW YORK (June 24, 2021) - BuzzFeed today announced that it has agreed to acquire Complex Networks - a global youth entertainment company with massive reach spanning style, food, music,...
Feb 21, 2024 · 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...
Jun 24, 2021 · BuzzFeed’s last big acquisition, in which it purchased HuffPost from Verizon closed in February. This SPAC deal is expected to close in the fourth quarter of 2021.
Feb 21, 2024 · BuzzFeed has sold Complex, the entertainment media brand it acquired for $300 million in 2021, to livestream shopping platform NTWRK for $108.6 million, the companies announced Wednesday. BuzzFeed also announced a plan to cut expenses, which includes 16% layoffs.
Jun 24, 2021 · BuzzFeed, the digital publisher known for viral content, announced on Thursday its plan to go public through a merger with a special purpose acquisition company, signaling a shift in the...