2023-12-30
The Information
Sources: BuzzFeed is close to selling most of Complex Networks to livestream shopping startup Ntwrk for a little above $100M, far below Jonah Peretti's target
below the $150 million it was initially seeking. The deal won't solve all of BuzzFeed's financial problems. More here: https://www.theinformation.com/ ... See also Mediagazer
2021-06-24
CNBC
12 related
BuzzFeed announces plans to go public via SPAC merger, targeting a $1.5B valuation, and will acquire digital publisher Complex Networks for $300M
BuzzFeed, a 15-year-old digital media company, announced Thursday it plans to go public via a merger with a publicly traded special purpose acquisition company.
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