2024-02-22
Axios
4 related
BuzzFeed sells Complex, acquired for $300M in 2021, to livestream shopping platform Ntwrk for $108.6M; BuzzFeed plans to lay off 16% of its workforce
I read it and realized BuzzFeed is laying off 16% of its own staffers not Complex's Natalie Jarvey / @natjarv : Pretty notable that BuzzFeed is retaining Hot Ones as it sells off Complex https://www.h...
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
2020-04-20
Forbes
1 related
Esports and gaming lifestyle media company FaZe Clan raises $40M led by Jimmy Iovine and mobile e-commerce company NTWRK
E.T.; Adds the value of the raise and additional names of individual investors. — Esports company FaZe Clan announced that it has closed a $40 million round …
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