BuzzFeed Inc. Is Considering Selling Complex Media to Ecommerce Platform Ntwrk

The entertainment and culture publisher BuzzFeed Inc. is in advanced discussions to sell Complex Media, which it acquired in January 2021 for $300 million, to the livestream ecommerce platform Ntwrk, according to three people familiar with the transaction. Ntwrk will pay roughly $140 million for the Complex Media assets, which include its portfolio of websites,…

(SOURCE) https://www.adweek.com/media/buzzfeed-ntwrk-complex-media-sale/

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